The Guidelines Monitoring Group was created in 2007 as an independent body to monitor the private equity industry’s compliance with Sir David Walker’s Guidelines for Disclosure and Transparency in Private Equity. This was in response to the increased scrutiny and negative publicity the private equity industry faced in 2007 from the media, trade unions and […]

On 21 March 2016 the Private Equity Reporting Group (formerly the Walker Guidelines Monitoring Group) published an updated version of its guidance on good practice reporting by private equity portfolio companies under the Walker Guidelines. The substantive content of the guidance remains largely unchanged from the version published in July 2014 but the examples have […]

On Friday 13th January 2012 the SFO announced that it had obtained a Civil Recovery Order in relation to dividends paid to a company shareholder resulting from corrupt contracts entered into by the investee company. The SFO used the opportunity to fire a warning shot across the bows of the institutional investor community. Speaking following […]

IT has been reported in January 2015 in the new York post that US regulators have widened their probe of private-equity firms to include alleged bribes paid to foreign government officials. Private-equity firms have been under the microscope for more than two years as regulators pore over documents to see if the firms have properly […]