On Tuesday 11 July 2023, we will be hosting a global webinar, focussing on asset management regulation, with perspectives from across the globe. Our global financial services and regulation team will provide a global comparison on the asset management regulatory landscape across key jurisdictions including the UK, Europe, Asia, Australia and the US. Our team … Continue Reading
On 4 April 2017, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) published its interpretation decision (the “Decision”) regarding information to be provided in the sales prospectus. BaFin’s decision addresses the latest discussion about “closet indexing”; which means that the management of an investment fund is described as “active” in the sales prospectus … Continue Reading
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has published a consultation paper outlining amendments to the circular relating to the investment of guarantee assets of insurance companies (Kapitalanlagerundschreiben – the “Circular”). The Circular shall specify the German investment ordinance (Anlageverordnung – the “Investment Ordinance”) which has been effective since 22 April 2016 … Continue Reading
