Investment Funds Update Europe - Issue 2, 2018

February 23, 2018

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

February 2018 - Issue 2

Belgium

  • Implementation of MiFID II
  • Belgiam FSMA Communication Related to the Ancillary Activity Exemption and Position Limits in Commodity Derivatives
  • Further Implementation of the Market Abuse Regulation in Belgium 

France

  • AMF Study on Fees Charged in 2015 by UCITS Distributed in France
  • AMF Issues an Updated Guide to the Organization of the Risk Management Systems for Asset Managers
  • AMF Updated Programme of Operations Guide for Asset Managers and Self-Managed Collective Investments

Germany

  • BaFin Decision Regarding the Duties of Management Companies in Respect to Externally Managed Investment Companies
  • BaFin Introduces New Derivative Reporting
  • Latest Investment Statistics for Germany

Ireland

  • Central Bank to Amend the Requirements for Loan Origination QIAIFs
  • GDPR and the Data Protection Bill 2018
  • Central Bank Communication to Firms Seeking Authorisation in 2018
  • Enhancements to the Regulated Disclosures Submission Process

Luxembourg

  • Luxembourg Parliament Votes on New AML Legislation
  • CSSF Circular to Clarify Changes Brought by MAR
  • CSSF Issues Press Release on Global Situation of UCIs

United Kingdom

  • FCA Report on Algorithmic Trading Compliance in the Wholesale Markets
  • HM Treasury Regulations Partly Implementing EU Benchmarks Regulation
  • FCA and ICO Issue Joint Update on GDPR Compliance

European Union Developments

  • MiFID II – Member State Transposition and Updated Q&As on Market Transparency 
  • EMIR – ESMA Updates Q&As
  • Crypto-currencies, Consequences of Brexit and Benchmark Regulation Q&A

Read 'Investment Funds Update: Europe - Issue 2, 2018'