On March 6, the Treasury Select Committee of the UK House of Commons announced its plans to hold new hearings on Private Equity Funds. Further information about the terms of reference and timing of these hearings is expected shortly. This will supplement the Financial Services Authority’s work in the area. The FSA published a discussion paper (DP06/6) entitled Private equity: a discussion of risk and regulatory engagement' in November 2006

The discussion paper’s period for responses closed on March 6.