ESMA has now launched a common supervisory action with national competent authorities on UCITS liquidity risk management.
The Notification RTS were published by the European Commission on 12 November 2019.
The IFD introduces changes of relevance to third country firms providing or intending to provide investment services to retail clients and elective professional clients by establishing a branch in a Member State pursuant to the MiFID II Directive.
Gibson, Dunn & Crutcher
The EU has adopted a package of measures which will implement some important changes to the way in which alternative investment fund managers ("AIFMs") market their funds cross-border in the EEA.
The effective supervision of investment funds was said by Ms Rowland to be of "critical importance" to the Central Bank.
ESMA clarifies in the Opinion that when a trading venue is operating a FBA system and it begins the auction process, as soon as a potential match has been identified, the pre-trade transparency requirements will apply.
Funds Quarterly Legal and Regulatory Update, October - December 2019.
In the latest edition of Finance Dublin, David Walsh examines EU proposals aimed at increasing the use of ESG factors in investment decisions.
Much has been written about the demise of Libor as the mostly widely adopted interest reference rate for financial contracts generally and where interest is to be paid in Sterling in particular.
While funds and their management companies may still be catching their breath after a particularly challenging year in 2019 dominated largely by uncertainty around Brexit, 2020 is shaping up to be another busy year for industry stakeholders.
Previously, the key driver of impact in the prudential impact models was size.
Jersey is long established as a primary centre for the establishment of offshore funds and has been at the forefront of international developments, which have attracted international sponsors, promoters, fund managers, advisors and investors.
Issue No. 11 (February 2020) of the Banking & Fintech Newsletter is now available.
The recently introduced Swiss financial markets legislation provides that funds marketed in Switzerland may now elect to use English as an official language.
Bezen & Partners
The Law Amending the Banking Law and Certain Laws has been published in the Official Gazette dated 25 February 2020 and numbered 31050 (the "Amending Law").
Clyde & Co
The Court of Appeal has today handed down its judgment in ChapelGate Credit Opportunity Master Fund Ltd -v- Money & others. The Court of Appeal
The Financial Conduct Authority (FCA) has published its Sector Views. These provide the FCA's
annual analysis of the changing financial environment and the resulting impact on consumers
In the long term, the move from LIBOR to alternative risk-free rates (RFRs) should increase market integrity.
The Spring Budget is due to be announced on 11 March 2020, will the Community Housing Fund be affected?
Proskauer Rose LLP
The UK senior managers and certification regime ("SMCR") overhauled the accountability regime for individuals working in UK financial services ...