In the September 2020 new Capital Markets Union Action Plan, the European Commission announced its intention to publish a strategy for retail investments in Europe in the first half of…
The CSSF has announced the following procedural changes intended to optimise the authorisation process of new UCI and/or new sub-funds added to existing fund structures: A new questionnaire named “Fund…
The FCA has set out proposals to change disclosure documents provided to retail investors under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation. The changes will provide more clarity…
The European Securities and Markets Authority (ESMA) has published its 2020 report on the use of supervisory sanctions by National Competent Authorities (NCAs) under the Undertakings for Collective Investments in Transferrable Securities…
The European Securities and Markets Authority (ESMA) has published its second annual report on the use by National Competent Authorities (NCAs) of sanctions under the Alternative Investment Fund Managers Directive (AIFMD). In…
The European Securities and Markets Authority (ESMA) has updated it Questions and Answers on the following topics: AIFMD UCITS MiFIR data reporting Prospectus BMR Click on the above link for…
The FCA have published a letter to the chairs of authorised fund managers setting out their expectations on the design, delivery and disclosure of environmental, social and governance (ESG) and…
According to Art. 144 para. 3 CISO, fund management companies, SICAVs, and limited partnerships for collective investment must submit revised fund contracts, investment regulations, and partnership agreements to FINMA within…
Regulation (EU) No 1286/2014 enables retail investors to better understand and compare packaged retail and insurance-based investment products (PRIIPs) and make better-informed investment decisions. PRIIPs include, but are not limited…
On 16th July 2021, ESMA published updated AIFMD Questions and Answers. Section XV on ESMA’s guidelines on performance fees in UCITS and certain types of AIFs has been updated with the…
