Investment Funds Update: Europe - Issue 4, 2017

May 02, 2017

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

April 2017 - Issue 4

France

  • AMF - Results from the Public Consultation on the Provision of Future Performance Simulations to Investors - Publication of a Draft Recommendation on the Performance Simulations Offered to Investors
  • Publication of an Ordinance Creating the New French Pension Fund
  • AFG - Publication of a Public Position on RTS PRIIPs

Germany

  • BaFin Publishes Guidance on Transparency Standards for German Funds
  • BaFin: Entry Delay of Revised Remuneration Ordinance for Credit Institutions
  • BaFin Publishes Guidance for Insurers Regarding Sovereign Risk
  • BaFin Publishes Additional Guidelines Regarding Administrative Fines
  • Investment Statistics as of 28 February 2017

Ireland

  • Central Bank Reviews Outsourcing Arrangements of Fund Adminstrators
  • Central Bank ORION System launched
  • Central Bank Change of Location
  • Central Bank Speech on MiFID II
  • Latest Fund Statistics

Luxembourg

  • CSSF Circular CSSF-CPDI 17/07 Dated 19 April 2017
  • Bill 7024 (Lessening of Professional Secrecy Obligations)
  • CSSF Newsletter N° 195 April 2017
  • CSSF Press Release 17/15 Dated 4 April 2017
  • ALFI and the LSE Publish the Second Edition of the Investment Law Compendium

United Kingdom

  • HM Treasury Finalises Private Fund Changes to Limited Partnerships Act 1907
  • FCA Publishes Form and Procedures for Qualification Under MiFID II Structured Deposit Transitional Arrangements
  • High Court Restrains Publication of Hedge Fund's Confidential Hedge Fund Information by News Media

European Union Developments

  • EMIR - ESMA Updates its List of Third Country CCPs and Issues Updated Q&A
  • AIFMD and UCITS - ESMA Publishes Updated Q&A
  • MiFID II - ESMA Publishes Updated Q&A on Data Reporting, Investor Protection and Market Structures

Read "Investment Funds Update: Europe - Issue 4, 2017