BusinessCorporate FinanceTreasury Committee to unveil private equity report

Treasury Committee to unveil private equity report

Committee will release interim report on Monday following high-profile private equity session

Following its high-profile evidence sessions on private equity, the
Treasury
select committee
will release its first report on the topic on
Monday.

The report will only be an interim document and is unlikely to make
far-reaching recommendations, as the committee is planning to research private
equity further before making suggestions to the Treasury and HM Revenue &
Customs.

The evidence sessions received massive press coverage and public scrutiny as
the committee grilled senior private equity bosses from Permira, KKR, 3i,
Carlyle and Alchemy, among others, on the tax and transparency.

The report follows the release of an industry-sponsored study led by Sir
David Walker. Walker’s report said the industry needed to be more transparent
and tighten its reporting and governance systems.

Further reading:

Critics slam private equity regulation plans

Read the
Walker
Report

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