Investment Funds Update: Europe - Issue 5, 2017

June 23, 2017

Read "Investment Funds Update: Europe - Issue 5, 2017"

France

  • AMF Priorities in the EMIR Review
  • AMF and ACPR Update of the Crowdfunding Guide
  • Launch of a Public Consultation on Amendments to the GRAMF Ahead of the Commission Delegated Directive of 7 April 2016 Supplementing MiFID II - AMF
  • Changes to the Intermediation in Miscellaneous Assets System: Amendment to the General Regulation of the AMF and Publication of a New Instruction
  • AMF New Recommendation n°2017-07 on the Performance Simulations Offered to Investors
  • AFG Publication – Liquidity Risk Management Tools in Open-Ended Funds

Germany

  • BaFin Restricts CFD Trading to Retail Clients
  • BaFin Consults Two WpHG Ordinances
  • German Investment Fund Association Publishes Updated Template Fund Rules for Retail Securities Funds
  • Latest Investment Fund Statistics for Germany

Ireland

  • Discussion Paper on ETFs Published by the Central Bank
  • Central Bank Issues Client Assets Industry Letter
  • Central Bank Publishes New AIFMD Q&A
  • Central Bank Publishes New UCITS Q&A
  • Latest Fund Statistics for Ireland

Luxembourg

  • CSSF Circular 17/654 Dated 17 May 2017
  • CSSF Press Release on EMIR Obligations
  • ALFI Guidelines on the Oversight of Financial Intermediaries in Distribution of Funds
  • CSSF Newsletter N° 196 May 2017
  • CSSF Press Release 17/19 dated 19 May 2017

United Kingdom

  • FCA Issues New Guidance on Cyber Resilience and Notification of Cyber Attacks
  • FCA Issues Instructions for Submitting MiFID II Commodity Derivative Position Reports
  • FCA Publishes Final Amended Disclosure Rules Conforming to the PRIIPs Regulation

European Union Developments

  • EMIR - New Third Country CCPs Recognised
  • MiFID II - ESMA Clarifies Meaning of "Traded on a Trading Venue" and Updates Q&A on Market Infrastructure Topics
  • ESMA Issues General Principles to Support Supervisory Convergence pre-Brexit and European Parliament Wakes Up to FinTech