The Securities and Futures Commission (SFC) has released consultation conclusions on proposals to provide Hong Kong Real Estate Investment Trusts (REITs) with more flexibility in making investments. The proposals, which received broad…
EFAMA has published a report entitled ‘European MMFs in the Covid-19 market turmoil: Evidence, experience and tentative considerations around eventual future reforms’. The report covers all three Money Market Fund categories and…
The European Securities and Markets Authority (ESMA) has released a public consultation on (i) supervisory fees for data reporting services providers (DRSPs) to be supervised by ESMA starting in 2022…
On 24th November 2020, the Commission de Surveillance du Secteur Financier (CSSF) published an updated FAQ concerning Luxembourg Law of 17 December 2010 relating to undertakings for collective investment; and Luxembourg…
The International Organization of Securities Commissions (IOSCO) has published a diagnostic report analyzing the events that occurred in the Money Market Funds (MMFs) sector during the market turmoil in March…
The Central Bank has published the Consultation Paper 132 “Guidance on share class features of closed ended QIAIFs.” The consultation seeks stakeholder’s views on the establishment of regulatory guidance in relation to…
On 23rd November 2020, the Central Bank has issued the 36th edition of the Central Bank AIFMD Q&A, which includes new Q&A IDs 1134 and ID 1135. The Q&As concern a discontinuation of the…
On 20th November 2020, the Financial Supervisory Authority (FIN-FSA) imposed an administrative fine of EUR 40,000 on Aktia Bank Plc due to the fact that, during the period 1 October 2017 to 31 March 2019,…
The Central Bank of Ireland recently undertook a thematic inspection to review firms’ compliance with the ‘best execution’ requirements as set out in the European Union’s Market in Financial Instruments Directive (MiFID II).…
On 17th November 2020, Finanstilsynet reminded that companies established in the United Kingdom, effective from 1st January 2021, can no longer provide cross border activities in accordance with the rules in the UCITS Directive and…
