Welcome to the second edition of our Horizon Scan for 2024: key recent and expected funds, regulatory, and tax developments to look out for. As before, we focus on the most important developments and changes that we expect to...more
5/24/2024
/ Climate Change ,
Cross-Border ,
Disclosure Requirements ,
EU ,
False Claims Act (FCA) ,
Fund Managers ,
Investment Funds ,
Private Funds ,
Private Investment Funds ,
Regulatory Standards ,
Reporting Requirements ,
SFDR ,
Sustainability ,
Sustainable Business Practices ,
Sustainable Finance ,
Transitional Arrangements ,
UK
Q: What is DORA?
“DORA” stands for the Digital Operational Resilience Act, an EU regulation that creates a new framework for the EU financial sector with regard to information and communications technology (ICT)....more
1/29/2024
/ AIFM ,
Compliance ,
Cryptoassets ,
Cybersecurity ,
Electronic Communications ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Fund Managers ,
Information Technology ,
Investment Firms ,
Investment Funds ,
Luxembourg ,
Regulation Technical Standards (RTS) ,
UCITS
Regulation (EU) 2019/2088 of 27 November, 2019 on sustainability-related disclosures in the financial services sector, as amended by Regulation (EU) of 18 June, 2020 on the establishment of a framework to facilitate...more
12/18/2020
/ Asset Management ,
CSSF ,
Disclosure Requirements ,
EU ,
EuSEF ,
EuVECA ,
Financial Services Industry ,
Fund Managers ,
Investment Adviser ,
Investment Firms ,
Investment Funds ,
Investment Management ,
Luxembourg ,
MiFID ,
National Private Placement Regimes (NPPR) ,
Portfolio Managers ,
Risk Assessment ,
RTS ,
SFDR ,
Sustainable Finance ,
Transparency ,
UCITS ,
Websites
With the transition period coming to an end by the end of 2020, many UK managers are questioning the implication of Brexit to the fundraising and management of Luxembourg-based funds. As forecasted in our previous market...more
12/8/2020
/ AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Alternative Investment Funds ,
CSSF ,
EU ,
Fund Managers ,
Luxembourg ,
New Regulations ,
New Rules ,
Portfolio Managers ,
UK ,
UK Brexit
Many UK managers are currently questioning the implication of Brexit to the fundraising and management of Luxembourg based funds. In particular, many query whether they may still today launch a new Luxembourg fund and act as...more
A variety of steps have been taken to accommodate managers working during the lockdown. As at 29 September 2020, these measures are as follows:
1. MORE FLEXIBILITY FOR THE GOVERNANCE OF FUNDS -
On 20 March 2020, the...more
9/30/2020
/ Accounting ,
Anti-Money Laundering ,
Anti-Terrorism Financing ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
CSSF ,
Filing Deadlines ,
Fund Managers ,
Information Technology ,
Investment Firms ,
Investment Funds ,
Investors ,
Liquidity ,
Luxembourg ,
Outsourcing ,
Pension Funds ,
Re-Opening Guidelines ,
Relief Measures ,
Remote Working ,
Reporting Requirements ,
Swing Pricing ,
Time Extensions
Many managers identify and assess the key legal and commercial costs and benefits of AIFMD passports as well as the short- and long-term regulatory and operational implications of the management of the fund by an EU-based...more