Broadscope Releases Timely White Paper Regarding US and UK FATCA Reporting Obligations for Cayman Islands Domiciled Private Equity Funds

Broadscope Fund Administrators is an independent private equity fund administration firm.

PARAMUS, N.J., April 13, 2015 /PRNewswire/ — Broadscope Fund Administrators, an independent private equity fund administration firm, released a white paper outlining key US FATCA and UK FATCA reporting and registration deadlines for Cayman Islands private equity firms. The paper, US and UK FATCA Reporting Obligations for Cayman Islands Domiciled Private Equity Funds, provides a clear timeline of deadlines that are rapidly approaching.

“The Cayman Islands registration deadlines are only 15 days away and there is still considerable uncertainty in the market, primarily because the Cayman Islands registration portal opened less than a month ago,” says Robert F. Aufenanger, Founder and Managing Member. “Private Equity firms that have yet to register need to make it a priority, as lack of compliance could have serious consequences for their funds and their investors.”

Whether Private Equity firms administer their FATCA compliance program in-house or use the assistance of a third-party administrator, Broadscope’s white paper provides a clear summary of what firms need to focus on now.

For more information, or to download the white paper, please visit: www.BroadscopeFA.com

About Broadscope Fund Administrators

Broadscope employs a high touch, boutique model to provide full-service administration to private equity fund managers. Broadscope’s premier service is based on direct access to senior management, robust quality controls and innovative technology. The Company’s founders and senior employees have significant industry-specific experience and knowledge of a broad range of private equity fund types and structures, which forms the basis of Broadscope’s personalized service offering.

SOURCE: Broadscope Fund Administrators