description: The decision as to where to set up and manage a new hedge fund has become more complex given the increasing number of jurisdictions wooing hedge fund managers and the differing regulatory regimes. This Guide - written by Dechert LLP with the assistance of law firms in each of the locations covered - offers a comparative analysis of 13 of the major hedge fund jurisdictions as well as a useful 'at-a-glance' table of the key jurisdiction variables. Table of Contents: Chapter 1: Bermuda Location Mandatory requirements Setting up a fund Local stock exchange Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 2: British Virgin Islands Mandatory requirements Setting up a fund Investment restrictions Accounts Taxes Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 3: Cayman Islands Mandatory requirements Setting up a fund Local stock exchange Accounts Taxes Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 4: United States of America - Delaware Mandatory requirements Setting up a fund Confidentiality laws Anti-money laundering laws Other filings and filing fees Stock exchange Setting up a investment adviser Chapter 5: France Restrictions on hedge funds in France Supervision Mandatory requirements Setting up a fund Investment companies Quasi hedge funds Setting up a local investment manager Confidentiality laws Anti-money laundering laws Taxes Chapter 6: Germany Mandatory requirements Setting up a fund Regulatory requirements for German hedge funds Setting up a local investment manager (KAG) Confidentiality laws Anti-money laundering Chapter 7: Guernsey Mandatory requirements Investment business Setting up a fund Particular concessions for hedge funds Net asset value and share price estimation Service providers Fund structures Approval process Taxation The Channel Island Stock Exchange Confidentiality laws Anti-money laundering laws Chapter 8: Ireland Mandatory requirements Setting up a fund The International Financial Services Centre (IFSC) Local stock exchange Taxes Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 9: Isle of Man Mandatory requirements Recent developments Setting up a fund Supervision Investment restrictions Financial Supervision Commission Taxes Confidentiality laws Anti-money laundering laws Setting up a local investment manager General requirements Chapter 10: Italy Mandatory requirements Setting up a fund Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 11: Jersey Mandatory requirements Setting up a fund Legal structure of the fund Functionaries Investment restrictions Channel Island Stock Exchange Taxation Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 12: Luxembourg Mandatory requirements Setting up a fund CSSF Fees Local stock exchange Taxes Confidentiality laws Anti-money laundering laws Setting up a local investment manager Chapter 13: Malta Mandatory requirements Setting up a fund Local stock exchange Taxes Confidentiality laws Anti-money laundering laws Setting up a local investment manager
title: Comparative Jurisdiction Guide   Where To Set Up And, Perhaps, Manage A Hedge Fund
titlecomplete: Comparative Jurisdiction Guide   Where To Set Up And, Perhaps, Manage A Hedge Fund