Dechert's investment funds update discusses the key legal and regulatory updates for the funds industry from the primary European asset management centres and fund domiciles
Issue 10, November 2015
FRANCE
- Public Consultation on the Origination of Loans by Funds
- Implementation of the Provisions Governing the New “French Limited Partnership” (SLP)
- ESMA’s Consultation Paper on ELTIF Regulation
- Key Figures of French Assets Under Management 2014
GERMANY
- BaFin Circular on Crowdlending
- BaFin Issues Circular on Depositaries
- Implementation of MiFID II, Draft Bill Published
- Investment Statistics as of 31 August 2015
IRELAND
- New UCITS Regulations and Feedback Statements
- Update to AIFMD Q&A
- UCITS Q&A Updated
- Q&A for Investor Money Regulations
LUXEMBOURG
- Luxembourg 'largely compliant' - Global Forum on Transparency and Exchange of Information for Tax Purposes
- ALFI Takes Position on Remuneration Policies Under UCITS and AIFMD
- ALFI Comments on Draft Technical Standards for ELTIFs
- Latest Fund Statistics for Luxembourg Illustrate Continued Growth
UK
- HM Treasury Proposes to Extend Senior Managers and Certification Regime to All FCA Firms
- AIMA Publishes Updated Side Letter Guidance
FCA Proposes to Eliminate Short Reports for UCITS Schemes and NURS, and Certain Other Disclosure Requirements
EUROPEAN UNION LEGAL DEVELOPMENTS
- AIFMD – Maijoor Updates on Extension of Passport to non-EU AIFMs and ESMA Publishes Consultation Response to UCITS and AIF Remuneration Guidelines
- EMIR – Indirect Clearing Regulatory Technical Standards to Align to MiFIR
- Capital Markets Union – Beginning of European Parliament Scrutiny
- Other EU developments – ELTIF Consultation and Amended Transparency Directive