Image: Min Chiu/adobe.stock.com The European Fund and Asset Management Association (EFAMA) has demanded an extension of 12 month to the UCITS exemption to ensure proper implementation as the current switch from UCITS KIID to the PRIIPs KID “would be too much of an operational undertaking in the timeframe provided”. […] Click here to view original […]
If there is one clear failing in the revised PRIIPs requirements set to take effect from January 2022 then surely it is the continuation of extremely misleading future performance scenarios. INTRODUCTION In an about turn on the 3 rd February the EU insurance regulator (EIOPA) endorsed a revised set […] Click here to view original […]
Fund Management The European Securities and Markets Authority (ESMA), the EU’s securities regulator, has today published a final report on implementing technical standards (ITS) under the Regulation on cross-border distribution of funds. The ITS focus on the publication of information by national competent authorities (NCAs) on their websites, the […] Click here to view original […]
#UCITS were grandfathered to produce #PRIIPs KIDs so far, but this might change in the near future. Read more about it here. #AIFMD #UCITS #Brexit buff.ly/3bszuvp Click here to view original web page at twitter.com
Regulating cryptocurrencies have been a challenge all over the world. Robert Ophèle, chairman of Autorité des Marchés Financiers, France’s top financial regulator, has recently proposed a plan for Europe to regulating this booming industry . Addressing the 5th Annual Conference on FinTech and Regulation, Financiers talked about the regulated […] Click here to view original […]
On 20 January 2021, the German government published the draft bill ( Regierungsentwurf ) of an Act to strengthen Germany as an investment fund location – Fondsstandortgesetz (FoG) (the Draft Bill ). Among a number of changes to the German Capital Investment Code (the KAGB ) (Germany’s legislative act […] Click here to view original […]
On 20 January 2021, the German government published the draft bill of an Act to strengthen Germany as an investment fund location – Fondsstandortgesetz (FoG) (the Draft Bill ) . Among a number of changes to the German Capital Investment Code ( Kapitalanlagegesetzbuch (KAGB) ), which are aimed at […] Click here to view original […]
released a final report on cross-border fund distribution information, outlining how national competent authorities may publish & present useful information for UCITS and AIFs. Click here to view original web page at twitter.com
The European Funds and Asset Management Association has urged that the European Commission give more time for the implementation of Priips rules, saying that the “flawed” review process does not tackle the root issue. Goals of a fully homogenised retail investor document involving diverging investment and insurance products, whilst […] Click here to view original […]
The European Fund and Asset Management Association (EFAMA) has announced that another extension of the UCITS exemption of twelve months is necessary to ensure proper implementation, citing what it calls a ‘flawed review process [that is] not tackling the heart of the issue.’ EFAMA has always made it clear […] Click here to view original […]