Following the entry into force of the Sustainable Finance Disclosure Regulation (” SFDR “) in December 2020, the provisions of the said Regulations will become effective on the 10 th March 2021. By way of background, the SFDR will require financial market participants and financial advisors to make pre-contractual […]
On 4 February 2021, 1 less than six weeks before the 10 March 2021 date on which the main operative provisions of the Sustainable Finance Disclosure Regulation ( SFDR ) 2 start to apply, the European Supervisory Authorities ( ESAs ) published their final report on the draft level […]
ESMA launches two common supervisory actions (CSA), first on UCITS fees and costs and secondly on MiFID II product governance jdsupra.com/legalnews/esma… | by
The 2020 pandemic led to more questions being asked about the importance of liquidity management, which is likely to form a core element of long-term thinking about Ucits IV, according to the Commission de Surveillance du Secteur Financier (CSSF). Speaking to Citywire Selector , Marco Zwick, who is director […]
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The Investment Association (IA) has outlined details of the planned Long-Term Asset Fund (LTAF), in the wake of the UK government’s commitment to enabling the new structure in the course of this year. The LTAF was proposed by the IA in its UK Fund Regime Working Group report in […]
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#ESG #regimes such as the #MiFID II, #UCITS and #AIFMD , IDD and Solv II #regulations to include suitability preferences and assessments. Catch up on our blog rtassociates.co/2020/10/esg-re… #RegTech
ESMA34-45-1128 GUIDELINES COMPLIANCE TABLE Guidelines on performance fees in UCITS and certain types of AIFs (ESMA34-39- 992) The following competent authorities comply or intend to comply with ESMA’s Guidelines on Competent authority Complies or intends to comply Comments Member States AT Austria Financial Market Authority (FMA) Yes https://www.fma.gv.a t/en/eu/esma- […]
Sustainable finance has, after years of ongoing debate, finally come to the forefront of regulation within the EU. Until now, financial regulation has primarily required financial institutions to focus on financial risks for clients. Increasingly, there is a demand that such institutions look at investments’ sustainability risks and opportunities. […]
The overwhelming levels of low or negative-yielding government debt have pushed many fixed income investors into uncharted territories. But that doesn’t mean they need to go headlong into illiquid assets to meet their liabilities, warns Christian Kopf, head of fixed income and FX at Union Investment. Speaking to Citywire […]
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New tax rules on dividends have been introduced which should avoid infringement proceedings by the European Commission. Above: the Palazzo Montecitorio, Italy’s parliament building and office of the Chamber of Deputies, in Rome Francesco Bonichi of Caiazzo, Donnini, Pappalardo & Associati considers a new tax rule in Italy providing […]
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