The draft Investment Manager (Specified Transactions) Regulations 2009

The draft Investment Manager (Specified Transactions) Regulations 2009, which specify transactions meeting the definition of 'investment transaction' for the purposes of the Investment Manager Exemption, have now been published for consultation.

The consultation period will run until 27 March 2009. Any responses, or questions relating to the draft Regulations, should be directed to Lee Harley at HMRC, Business International, 3rd Floor, 100 Parliament Street, London, SW1A 2BQ, preferably by email to Lee Harley.