LUXEMBOURG: CSSF MMF Reporting Dashboard
The CSSF has published the s MMF Reporting Dashboard which encompasses a first set of indicators based on the data reported under article 37 of the Regulation (EU) 2017/1131 of…
LUXEMBOURG: CSSF FAQ Concerning the Luxembourg Law of 17 December 2010 Relating to Undertakings for Collective Investment – Version 14
The CSSF have updated the FAQs concerning the Luxembourg Law of 17 December 2010 relating to undertakings for collective investment. The FAQs ) aim at highlighting some of the key…
UNITED STATES: SEC Proposes Amendments to Money Market Fund Rules
On 15th December 2021, the Securities and Exchange Commission voted to propose amendments to certain rules that govern money market funds under the Investment Company Act of 1940. In March…
SWITZERLAND: AMAS Welcomes the Decision in the National Council to Introduce the Innovative Fund Category L-QIF
On Thursday, the National Council approved the amendment of the Collective Investment Schemes Act to include the Limited Qualified Investor Fund (L-QIF). The Asset Management Association Switzerland (AMAS) welcomes the…
EUROPE: EBA Consults on Liquidity Requirements for Investment Firms
The European Banking Authority (EBA) has launched a public consultation on its draft Regulatory Technical Standards (RTS) on specific liquidity measurement requirements for investment firms and draft Guidelines on liquidity…
UNITED KINGDOM: FCA’s New Rules on Climate-Related Disclosures to Help Investors, Clients and Consumers
The FCA has published two Policy Statements confirming final rules and guidance to promote better climate-related financial disclosures. Better corporate disclosures will help inform market pricing and support business, risk…
EUROPE: ESMA Publishes Updates to UCITS FAQs
On 26th November 2021, ESMA published updated UCITS questions and answers. The new question concerns fee rebate arrangements: Q. Do you agree that: (i) restrictions under Article 29 of the Commission Directive…
IRELAND: CBI Consultation on Macroprudential Limits on Leverage for Irish-Authorised Property Funds
The Central Bank of Ireland has published a consultation on a proposal to introduce macroprudential limits on leverage and to provide Guidance to limit liquidity mismatch for Irish-authorised property funds…
EUROPE: Commission Adopts Package to Ensure Better Data Access and Revamped Investment Rules
On 25 November 2021, the European Commission adopted a package of measures to ensure that investors have better access to company and trading data. The proposals deliver on several key commitments in…
EUROPE: European Parliament Votes on ‘Quick Fixes’ for PRIIPs and UCITS – EFAMA Statement
EFAMA have published a statement following yesterday’s vote by the European Parliament plenary formally adopting two ‘quick fixes’ for PRIIPs (Packaged retail investments and insurance-based products) and UCITS (Undertakings for…