Investment Funds Update: Europe - Issue 7, 2016

September 09, 2016

Investment Funds Update - Europe

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

September 2016 - Issue 7


  • AMF Doctrine – Authorisation of “Pre-Marketing” Activities
  • AMF Doctrine – Details on Professional Obligations Towards Retail Clients
  • AMF Publication – UCITS V Directive: Guide for Asset Management Companies
  • Update of the AMF and ACPR Guide on Crowdfunding


  • BaFin Plans to Prohibit Retail Distribution of Credit-Linked Notes
  • BaFin Establishes Reporting Platform for Whistleblowers
  • BGH Rules that Investment Funds are Allowed to Charge Necessary Expenses to the Fund’s Assets
  • Investment Statistics as of 30 June 2016


  • Central Bank Personnel Update
  • Central Bank Warnings on Unlicensed Firms
  • Latest Fund Statistics for Ireland
  • CP86 Consultation Period Closes


  • CSSF Newsletter – August 2016
  • EBA Guidelines on Communication Between Supervisors and Auditors
  • Audit Regulators in USA and Luxembourg Extend Cooperation Agreement
  • Luxembourg Undertakings for Collective Investment at the End of June 2016
  • Circular CSSF 16/643: Systemic Risk Board's Opinion and Recommendation
  • ALFI’s Response to the ESMA's Position Paper on the Distributed Ledger Technology Applied to Securities Markets


  • FCA Chief Executive Comments on FCA Mission and Brexit
  • FCA Consults on PRIIPs Rules
  • FCA Publishes Second MiFID II Consultation paper


  • EMIR – Exemption for Danish Pension Schemes and Endorsement of Margin Requirements for Uncleared Derivatives
  • MiFID II – Endorsement of Regulatory Technical Standards for Transaction Reporting and Algorithmic Trading
  • Other EU developments – RTS Status Chart

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