Investment Funds Update Europe - Issue 1, 2018

January 25, 2018

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

January 2018 - Issue 1

France

  • Entry into force of MiFID II
  • Creation of the Organisme de Financement Specialisé
  • Update of AMF publications

Germany

  • BaFin publishes new circular for investments of German insurers
  • BaFin publishes updated FAQ on outsourcing of regulated services
  • BaFin publishes new circular on the marketing of EU feeder AIFs into Germany
  • Latest German investment fund statistics

Ireland

  • New edition of UCITS and AIFMD Q&As published by the Central Bank
  • Fourth edition of the Central Bank Investment Firms Q&A published
  • Central Bank issues updated EMIR FAQs
  • Central Bank publishes new outsourcing guidance for fund administrators
  • Amendments to Central Bank fund filing process
  • Second edition of CBI's Investment Firms Regulations 2017

Luxembourg

  • CSSF issues press release on approach to permissible investments by Luxembourg UCITS in non-UCITS ETFs
  • CSSF issues press release on application of MiFID II and MiFIR
  • Grand Ducal Regulation on the fees to be levied by the CSSF
  • CSSF publishes January 2018 newsletter
  • CSSF issues press release on global situation of UCIs

United Kingdom

  • FCA issues statements on distributed ledger technology
  • FCA updates certain forms and guidance for MiFID II
  • FCA issues 'Dear CEO' letter in relation to retail investment in contracts for differences

European Union Developments

  • MiFID II – ESMA issues updated Q&As on transparency and market structures and investor protection and intermediaries topics
  • EMIR – ESMA updates its public register for the clearing obligation under EMIR
  • ESMA consults on potential CFD and binary options measures to protect retail investors

Read 'Investment Funds Update: Europe - Issue 1, 2018'