Investment Funds Update: Europe - Issue 7, 2015

August 07, 2015

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 7, August 2015

FRANCE

  • AMF Publishes 2015 Risk Mapping
  • AMF Publishes 2014 Key Figures of Asset Management
  • Compliance of the AMF's Doctrine with AIFMD
  • Risk Management Within Asset Management Companies
  • Management Mandate / "Retail Clients"

GERMANY

  • Finance Ministry Proposes Changes to German Fund Taxation
  • Annex IV Reporting Expected to Start at 10 August
  • Investment Statistics as of 30 June 2015

IRELAND

  • New Guidance for Boards of Funds and Management Companies
  • Irish Funds Permitted to Use Stock Connect
  • New UCITS Q&A – 6th Edition Published
  • AIFMD Q&A – 14th Edition Published
  • Latest Fund Statistics for Ireland

LUXEMBOURG

  • Draft Law N. 6845 Published
  • CSSF Lifts Suspensions on Trading in Certain Financial Instruments in Relation to Greece
  • Luxembourg Law of 23 July Implementing the Capital Requirement Directive
  • Luxembourg Holds Presidency of the Council of the EU for 12th Time

UK

  • HMT and FCA Launch Financial Advice Market Review
  • Tax Proposals in Summer 2015 Budget to Affect UK Asset Managers
  • FCA Publishes Findings of Financial Benchmarks Review
  • English and Scottish Limited Partnerships Permitted by Jersey to Become Jersey AIFs

EUROPEAN UNION LEGAL DEVELOPMENTS

  • AIFMD - ESMA Issues Advice on Extension of AIFMD Passport
  • Capital Markets Union - New Resolution from European Parliament
  • EMIR - New Counterparty Classification Letter
  • UCITS V - ESMA Consults on Proposed Guidelines on Sound Remuneration Policies Under UCITS V Directive

Read "Investment Funds Update: Europe - Issue 7, 2015".