Nicole Miskelly

The former senior counsel of the US regulator’s Enforcement Division unit will be a partner in the law firm’s government enforcement practice.

The Korean financial regulator’s chief said he will push for deregulation that will ensure greater flexibility and independence of private equity funds.

Under new PSC rules, UK private equity firms and their portfolio companies will be required to disclose details on shareholders with controlling interests.

Peter Driscoll will lead the office and has been named as its first chief risk and strategy officer.

The new rules will impact AIFMD-compliant debt funds and domestic private equity funds granting shareholder loans in Germany.

Investments exited in under three years will be taxed as income rather than capital gains. The Chancellor also announced plans to limit how much interest expense companies can deduct from their tax bills.

SS&C completes on $321m Citi acquisition, while Sanne picks up South Africa-based IDS.  

As partnership expenses come under the spotlight, fund costs such as AIFMD reporting are increasingly becoming areas of contention between LPs and GPs.

Jones Day adds PE pro from Kirkland & Ellis; K&L Gates adds three to its Sydney office; and more private fund lawyer moves.

Continuing its rapid international expansion, the law firm is expected to open offices in two more locations in the next 18 months.