On 1 July 2022, the European Parliament published a report on the proposed Regulation amending the European Long Term Investment Funds Regulation as regards the scope of eligible assets and investments, the portfolio composition and diversification requirements, the borrowing of cash and other fund rules and as regards requirements pertaining to the authorisation, investment policies
The UK sustainable finance regime for asset managers: A practical guide
Our latest 20 minute webinar will be taking place on 15 June at 9:00am and will explore the UK sustainable finance regime for asset managers.
Sustainable finance regulation continues to be high on the agenda of asset managers and in this 20 minute webinar our financial services team provides an overview of existing UK rules
ESMA final report on the 2021 CSA on costs and fees
On 31 May 2022, the European Securities and Markets Authority (ESMA) issued a report on the common supervisory action (CSA) on costs and fees for investment funds. The CSA was carried out with Member State competent authorities (NCAs) during 2021. The CSA’s aim was to assess, foster and enforce the compliance of supervised entities with
Global financial services webinar – Crypto fund and buy-side developments
Tuesday, 7 June, 2022
08:00 – 09:00 BST / 11:00 – 12:00 GST / 15:00 – 16:00 HKT
11:00 – 12:00 EDT / 16:00 – 17:00 BST / 19:00 – 20:00 GST
In this webinar, members of our global financial services team will compare notes on their jurisdiction’s approach to crypto funds. The speakers will
UK authorities look to strengthen resilience of MMFs
Introduction
On 23 May 2022, the FCA, jointly with the Bank of England, published Discussion Paper 22/1 ‘Resilience of Money Market Funds’ (DP22/1). At the same time the FCA published Finalised Guidance 22/3 ‘Finalised Guidance (non-Handbook) on parts of the UK MMF Regulation’ (FG22/3).
DP22/1
Money market funds (MMFs) are a type of open-ended investment
ESMA guidelines on stress test scenarios under the MMF Regulation
On 4 May 2022, the European Securities and Markets Authority (ESMA) published the official translations of its guidelines on stress test scenarios under the Regulation on money market funds (MMF Regulation). The guidelines apply in relation to Article 28 of the MMF Regulation and establish common reference parameters for the stress test scenarios
New online briefing note – European Commission’s AIFMD legislative proposal: Focus on delegation
We have published a new online briefing note on the European Commission’s AIFMD legislative proposal focussing on delegation.
The UK TPR is ending – what should EU firms do next?
The recording of our recent webinar ‘The UK TPR is ending – what should EU firms do next’ is now available.
The webinar, which is targeted both at standalone EU firms using the temporary permissions regime (TPR) and at EU firms using the TPR who are within those groups with a UK
Global Asset Management Quarterly – New issue
The latest issue of our Global Asset Management Quarterly publication is now available.
In this issue we cover:
Europe
- European update
- EU/UK regulatory roundup
United Kingdom
- The new regime for preferential taxation of qualifying asset holding companies
Luxembourg
- Luxembourg update
Australia
- Australian Federal Government commits to the new corporate collective investment vehicle (CCIV) regime with
Global webinar on 18 November 2021 – ESG regulation: Global themes and what’s on the horizon
We invite you to join our webinar on 18 November 2021 in which our global financial services team will discuss and examine recent ESG related developments across key jurisdictions and provide their views on what’s on the horizon.
The webinar will be held on the following times during 18 November 2021:
- 14:00 SGT and HKT