The AMF has updated its position DOC-2018-05 to include ESMA’s requirements for reporting to competent authorities under Article 37 of the Money Market Fund Regulation. Reporting requirements specific to competent…
On 11th September 2020, the Fitch Rating published a statement on UK open-ended commercial property funds’ ability to successfully re-open will hinge on how much liquidity they maintain relative to pent-up…
On 11th September 2020, the Securities and Futures Commission (SFC) announced that amendments to the Code on Open-ended Fund Companies (OFC Code) have taken effect. Among other changes, private open-ended fund…
On 9th September 2020, ESMA published a Working Paper on Closet Indexing Indicators and Investor Outcomes. The study found that investors can expect lower net returns from closet indexers than from a genuinely…
On 9th September 2020, the Australia Securities and Investments Commission (ASIC) announced that it had updated the fees and costs disclosure regime to provide greater clarity on obligations of superannuation and…
On 31st August 2020, the Central Bank of Ireland (CBI) published guidance on Money Market Fund Regulation (MMFR) Reporting requirements for Fund Management Companies of Irish Authorised Money Market Investment Funds.…
Fitch Ratings stated that the suspension of redemptions by eight France-domiciled funds managed by H2O Asset Management on 28 August 2020 highlights that shortage of liquidity remains a key risk…
On Friday, the CSSF published an annual report. Included in the report was information on the review conducted by the CSSF on management procedures risks of investment fund managers (IFMs).…
On 4th September 2020, the European Securities and Markets Authority (ESMA) confirmed that the different elements of the new regime under the Securitisation Regulation (SR) will come into force by 23rd September…
On 3rd September 2020, Irish Funds responded to the Joint Consultation Paper issued by the European Supervisory Authorities (“ESAs”) in relation to ESG disclosures. In the consultation the ESAs have sought feedback on the proposed…
