Heightened volatility in the Indian capital markets caused by COVID-19 have resulted in liquidity strains for a number of mutual funds, have intensified in the wake of Franklin Templeton closing…
The EU is currently working on new technical regulatory standards to remedy the deficient PRIIPs key information documents (PRIIPs-KID), as requested by BVI. Among other things, this review involves the…
On 24th April 2020, the Securities and Futures Commission (SFC) published the Updated Frequently Asked Questions relating to Real Estate Investment Trusts (added Question 26A.) Question 26A Whether a REIT may engage another…
On 22nd April 2020, the Financial Conduct Authority (FCA) announced that they have extended the submission deadlines for the regulatory returns. The extension applies for submissions that are due up to…
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have issued a Consultation Paper seeking input on proposed environmental, social and governance (ESG) disclosure standards for financial market participants, advisers…
The Italian Regulator Consob published the Resolution no. 21318 of 7 April 2020 in the Official Journal of the Italian Republic relating to market liquidity enhancement. The new accepted market practice no.…
The Securities and Exchange Commission has announced that it has voted to propose a new rule that would establish a framework for fund valuation practices. The rule is designed to…
The Central Bank of Ireland (CBI) has updated the prudential regulatory flexibility measures for Securities Markets, Investment Management, Investment Firms and Fund Service Providers. Recognising the challenges facing firms and…
Finanssivalvonta (FI) announced that Solvency II DPM 2.4.0 validations have been updated and the changes enable reception of partial reports during COVID-19 crisis. A circular has been published by EIOPA…
The Commission de Surveillance du Secteur Financier (CSSF) has updated the FAQs in relation to COVID-19. The following questions and answers have been added: Question 16.a) Do passive investment breaches…
