Investment Funds Update: Europe - Issue 4, 2016

April 28, 2016

Investment Funds Update - Europe

Legal and regulatory updates for the funds industry from the key asset management centres and primary European fund domiciles

April 2016 - Issue 4

FRANCE

  • Direct Lending by French Funds
  • Directive "UCITS V" Implementation
  • AMF Training Day for French Management Companies' Compliance Officers
  • Update of the AMF General Regulations

GERMANY

  • BaFin Market Survey on MiFID II
  • BaFin Publishes Expert Article on Supervisory Colleges under EMIR
  • Latest Investment Fund Statistics for Germany

IRELAND

  • New Irish UCITS V Regulations
  • Central Bank Publishes 12th Edition of UCITS Q&A
  • Central Bank Publishes 18th Edition of AIFMD Q&A
  • Central Bank Publishes Updated Guidance on Investor Money Regulations

LUXEMBOURG

  • Luxembourg Press Release on the Panama Papers
  • CSSF Press Release on Global Situation of UCIs and SIFs
  • Publication of the Law of 15 March 2016 on OTC derivatives, Central Counterparties and Trade Repositories
  • CSSF Newsletter – March 2016
  • Profit and Loss Account of Credit Institutions as at 31 December 2015

UNITED KINGDOM

  • PRA and FCA Reject the Position Taken on CRD IV Bonus Cap Proportionality in the EBA’s New Remuneration Guidelines
  • FCA Publishes Key Findings of its Thematic Review of Inducements and Conflicts of Interest
  • Financial Advice Market Review – Final Report Published

EUROPEAN UNION LEGAL DEVELOPMENTS

  • AIFMD - Updated Q&A
  • EMIR - Updated Q&A and Exemption From the Clearing Obligation for DK Pension Schemes
  • MiFID II - Draft RTS and the "Quick Fix"
  • UCITS - Final Report Guidance on Remuneration Policies Issued, Updated Q&A and Discussion Paper on UCITS Share Classes Issued
  • ESMA Opionion on Loan Origination Funds

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