U.S. tax authorities issue final FATCA regulations *

USA - January 25 2013
On January 17, 2013, the U.S. Department of the Treasury (Treasury Department) and U.S. Internal Revenue Service (IRS) issued final Treasury…

Co-authors: Jamiel E. Poindexter, Stuart L Rosow, Amanda H Nussbaum, Martin T Hamilton, Scott S Jones.

---

IRS posts draft revised withholding forms conforming to FATCA *

USA - June 8 2012
The U.S. Internal Revenue Service ("IRS") has posted draft versions of revised Form W-8BEN, entitled "Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding (Individual)" ("New W-8BEN"), as well as an entirely new Form W-8BEN-E, entitled "Certificate of Status of Beneficial Owner for United States Tax Withholding (Entities)" ("New W-8BEN-E", and together with the New W-8BEN, the "New Withholding Certificates").

Co-authors: Thomas J Leonardo, Amanda H Nussbaum, Arnold P May, Martin T Hamilton, Laurier W Beaupre.

---

IRS and Treasury Department publish anticipated FATCA guidance *

USA - February 9 2012
Proposed Regulations under the Foreign Account Tax Compliance Act Issued February 8, 2012.

Co-authors: Jamiel E. Poindexter, Stuart L Rosow, Amanda H Nussbaum, Arnold P May, Scott S Jones.

---

Possible changes to the AIFM directive for venture capital *

European Union, USA - July 1 2011
Many U.S. managers of alternative investment funds are aware of the EU Alternative Investment Fund Managers Directive (the Directive), which will require some managers to become authorised under the Directive and others to comply with discrete parts of the Directive.

Co-authors: Peter McGowan, Robert Barry, Robin A Painter, William Yonge, Jenny Wheater .

---

FSA to strengthen Remuneration Code, possibly affecting 2,500 firms *

USA - November 5 2010
The UK Financial Services Authority recently published a consultation paper describing how it intends to update its Remuneration Code (the "Code") to (i) implement the remuneration requirements of the Financial Services Act 2010 and (ii) incorporate the remuneration provisions of the latest amendments to the EU Capital Requirements Directive ("CRD3").

Co-authors: Daniel Ornstein, Christopher M Wells, Lloyd B. Chinn, William Yonge, David W Tegeler.

---