Epstein Secrets

deemed to be a "covered fund" for purposes of the Volcker Rule by complying with the loan securitization" e

nistrator is, and the Issuer may be, subject to the Regulations. The Regulations apply to anyone conducting "relevant financial business" in or from the Cayman Islands intending to form a business relationship or carry out a one-off Confidential 129 February 2018 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)

sor" or manage hedge funds and private equity funds, such as the AlphaKeys Fund, only if certain conditions are satisfied. Among other things, these Volcker Rule conditions generally prohibit banking entities (including UBS and its affiliates) from engaging in "covered transactions" and certain other tr

l of the Members that the AlphaKeys Fund be re-structured as a Cayman Islands exempted limited partnership or other entity formed under the laws of the Cayman Islands (any such entity, a "Cayman Vehicle") the Member Designee may take and/or cause the Members to take all actions necessary and desirable to implemen

Included in the Dodd-Frank Act is the so-called -Volcker Rule," which takes the form of new Section 13 of

investors within the EU. In particular. the Directive requires suitable cooperation agreements to be in place as between the relevant regulators of the Cayman Islands and each EU member state in which interests in the Partnership arc being marketed, the absence of which will potentially restrict the ability of the

e BHC Act and related regulations (known as the "Volcker Rule") restrict the ability of a banking entity,

nd any implementing non-U.S. laws and regulations, or does not otherwise qualify for an exception from the foregoing requirements. In this respect, the Cayman Islands and the United States on November 29, 2013 entered into an intergovernmental agreement with respect to FATCA implementation (the "Cayman IGA"), und