How Linnovate Partners Helps GPs Identify Regulatory Gaps and Strengthen Compliance
Regulatory compliance is one of the leading operational struggles for GPs. With strict international standards and limited partners expecting more transparency, maintaining a competitive edge is critical. In a 2025 survey, 85% of executives reported that compliance demands have become more complex within the past three years, emphasizing the magnitude of the struggle now faced by […]
Best Practices for Effective FATCA and CRS Reporting
The Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) are international structures established to improve tax transparency and prevent cross-border tax evasion. FATCA, enacted in 2010, requires financial institutions to report data on United States account holders. On the other hand, CRS was developed by the OECD, expanding the FATCA model. […]
FATCA and CRS Compliance Checklist
The Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) are key global mandates steering how financial institutions address tax compliance. These frameworks require banks, fund managers, and service providers to identify and report the tax residency of account holders to tax authorities. Why does this matter? Because non-compliance can spark crippling […]
Understanding FATCA and CRS: A Comprehensive Overview
Each year, tax evasion costs governments an estimated $492 billion globally. To create more financial transparency governments and regulators have implemented policies to ensure individuals and entities disclose their offshore assets and income to tax authorities. Central to these changes are the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). These frameworks require financial […]
CRS Compliance in the Cayman Islands: What Financial Institutions Need to Know
In the last quarter of 2024, the Cayman Islands Department for International Tax Cooperation (DITC) significantly increased its enforcement activities, issuing numerous breach notices to Reporting Financial Institutions (FIs) that failed to meet their obligations under the Common Reporting Standard (CRS) regime. These enforcement actions highlight the DITC’s growing focus on ensuring strict adherence to […]
RAISE Launches Compliance Risk Assessment System
At RAISE, our commitment to innovation and excellence drives us to develop solutions that address the evolving needs of our clients in the private equity and venture capital sectors. Over the years, we have observed the increasing complexity of compliance requirements, especially in areas such as due diligence, AML and KYC processes. Recognizing this pressing […]
ILPA Issues New Guidance on NAV-Based Facilities for Private Equity Stakeholders
The Institutional Limited Partners Association (ILPA), representing institutional investors in the private equity industry, has recently issued comprehensive guidance regarding fund-level NAV (Net Asset Value) facilities for LPs and GPs. These guidelines offer a constructive starting point for fostering discussions between GPs and LPs, helping LPs understand the mutually beneficial applications of these facilities while […]
Understanding Cayman Islands Updates to the Beneficial Ownership Regime
The Beneficial Ownership Transparency Act, 2023, and the Beneficial Ownership Transparency Regulations came into effect on July 31, 2024, with full compliance mandated by 1 January 2025. The updated regime expands the scope of entities required to comply, affecting many that previously had minimal obligations. Enforcement of the new requirements is deferred until early 2025, […]
Annual Cocktail Reception in Beijing
Linnovate Partners hosted its Annual Cocktail Reception in Beijing, held last November 29 at the Ophir Lounge. The event brought together industry leaders, clients, partners and friends for a memorable evening of networking and celebration. Linnovate Partners’ Founder and CEO, Henry Lin, addressed the attendees, highlighting the company’s achievements for 2023 and its commitment to […]
Linnovate Partners Successfully Renews SOC 2 Assessment to Further Data Security
At Linnovate Partners, we continually invest in security best practices to ensure that our client’s data stays safe and secure. As a part of an ongoing effort, we are excited to announce that we’ve successfully completed the renewal of our SOC 2 report. The examination was conducted by A-LIGN, a technology-enabled security and compliance firm […]