TSC to investigate private equity

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The Treasury Select Committee has announced it is to start an inquiry into private equity funds, which will cover the regulatory and economic environment, and the current taxation regime.

It says the inquiry will form part of its work on the theme of ‘Transparency in Financial Markets and the Structure of UK Plc’, and is inviting written evidence on the private equity issue to be submitted by 5pm on 9 May. As part of the inquiry into private equity funds, the Committee intends to look at three key areas: the regulatory environment; the current taxation regime, and the economic context. In particular, it is questioning: whether the current regulatory regime is suitable, including whether there is “sufficient transparency” on the activities, objectives and structure...

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