FCA found instances of non-compliance with the product governance rules which, in its view, increases the risk of investor harm. Background On 26 February 2021, the FCA published a webpage setting out eight asset management firms’ implementation of the UK MiFID II product governance requirements. The sample reviewed consisted […]
(NEWSManagers.com) – Après avoir vu sortir 314 milliards d’ euros en mars, les fonds Ucits ont profité de neuf mois consécutifs de collecte nette, montrent les dernières statistiques de l’ Efama, l’ association européenne des fonds. Cela a permis au secteur d’ afficher un solde positif de 467 milliards […]
Derrière les vitres des bâtiments de la Place sont gérés pas moins de 4,7 milliards d’euros d’actifs. Photo: Gerry Huberty La Cour des comptes européenne vient d’annoncer qu’elle allait vérifier les effets de la législation destinée à «encourager les pratiques de surveillance commune». Mais aussi veiller à l’absence d’une […]
La Cour des comptes européenne se penche pour la première fois sur le secteur des fonds d’investissement (Photo: ECA) Après les secteurs de la banque et de l’assurance, La Cour des comptes européenne (CEE) lance son premier audit sur les progrès de l’Union européenne vers la création d’un marché […]
49% of independent directors appointed were female. 61% of companies had two nationalities on the Board of Directors. The average remuneration of directors increased in 2020 compared to 2019. KPMG published its annual analysis on directors’ remuneration and board composition in Irish Undertakings for Collective Investment in Transferable Securities […]
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Pierre Gramegna, Luxembourg’s finance minister (DP), poses for a portrait during an interview with Delano at the finance ministry, 27 January 2021. This interview first appeared in Delano’s March 2021 magazine. Photo credit: Mike Zenari Finance minister Pierre Gramegna ( DP ) reckons sustainable investing is the future of […]
A seismic market shift in mindset and behaviour, alongside new law and regulation, is driving an evolution of Environmental, Social and Governance practices, with ESG funds expected to more than triple in asset size by 2025 and increase their share of the European fund sector from 15 to 57% […]
Sustainable Finance Disclosures Regulation – regulatory technical standards The European Supervisory Authorities ( ESA s) issued their final report on the RTS under the Sustainable Finance Disclosures Regulation ( SFDR ) dated 2 February 2021. These draft RTS were due to be in place under SFDR by 30 December […]
Question: What are the CBI’s supervisory priorities for 2021? Answer: The Central Bank of Ireland ( CBI ) published its first Securities Markets Risk Outlook Report in February 2021. It outlines the CBI key supervisory priorities for supervisory markets in 2021. It also details key conduct risks in securities […]