What is reval in hedge funds?

What is reval in hedge funds?

“Reval combines cash forecasting, risk management and hedge accounting in a single solution that´s easy to roll out and update to new regulatory requirements such as IFRS 13 and IFRS 9.”

What is Reval system?

Reval is the leading, global provider of cloud treasury software. Our scalable Software-as-a-Service (SaaS) solution helps more than 650 companies around the world to better manage cash, liquidity, financial risk and hedge accounting.

Who is Reval?

Reval is a software company. Reval’s cloud-based software provides clients with tools to manage cash and financial risks. The company is headquartered in New York City with regional offices in EMEA and APAC. Reval is led by CEO, chairman, and co-founder Jiro Okochi.

What is Reval Connect?

Reval helps treasury teams in global corporations better manage cash, liquidity and risk, and account for and report on complex financial instruments and hedging activities. Move from disparate systems onto scalable, integrated treasury and risk technology.

What are reverse 704c allocations?

Forward Section 704(c) Allocations: This refers to the allocation of future realized gains or losses dictated by unrealized gain or loss on contributed property. Reverse Section 704(c) Allocations: This refers to the allocation of future realized gain and loss dictated by unrealized gain or loss on revalued property.

How are hedge fund withdrawals taxed?

Taxation on hedge funds is similar to that on private equity, at least in the United States. A hedge fund is another form of pass-through entity, allowing the fund itself to operate free of taxation. Instead, when funds are distributed to the partners, those gains (and losses) are taxed at the individual level.

Is Reval a word?

former German name of Tallinn.

What is revaluation account?

The revaluation account records the positive or negative holding gains accruing during the accounting period to the owners of financial and non-financial assets and liabilities.

What is Section 704 C gain?

Under Section 704(c), a partnership must allocate income, gain, loss and deduction for property contributed by a partner to the partnership so as to take into account any variation between the adjusted tax basis of the property and its fair market value at the time of the contribution.

What is a 704 C gain or loss?

The purpose of Section 704(c) is to prevent taxable gain or loss inherent in property at time of contribution from being shifted to another partner- looks to the difference between adjusted tax basis and fair market value upon contribution.

Why are hedge funds tax inefficient?

However, typical hedge funds are tax inefficient as a result of their tendency to generate high turnover. Investors in mutual funds, as the name implies, must share the taxable consequences of actions taken by others within a commingled vehicle.

What tax rate do hedge funds pay?

Private equity funds, however, typically invest on a longer horizon, with the result that income earned by the funds is long-term capital gain, taxable to individuals at a maximum 20% rate.

What is the EMIR reporting guide 7?

EMIR REPORTING GUIDE 7 | EMIR Reporting Guide 1.2.3 Identification of counterparties Each reporting counterparty shall be identified by the ISO 17442 Legal Entity Identifier (LEI) registered and maintained in the GLEIF database. Participants shall promptly communicate to CC&G any change in the code used for their reporting.

Are there any third country reporting legal regimes equivalent to Emir?

Unless (i) such third-country reporting legal regime has been declared equivalent to EMIR; and (ii) such third country FC reports OTC derivative contracts to a trade repository in accordance with EMIR. Note that no regime has yet been declared equivalent.

What is Emir and how does it apply to you?

EMIR establishes new regulatory requirements on all types and sizes of entities that enter into any form of derivative contract, including those not involved in financial services. It also indirectly applies to the non-EU entities trading with EU entities.

What is the European markets infrastructure regulation (Emir)?

The most important aim of the European Markets Infrastructure Regulation (EMIR) is to increase the transparency of the over the counter (OTC) derivatives market, so that the EU with the help of European Securities and Markets Authority (ESMA) to have a clear view about the turnover, participants and any possible market manipulation.