This update summarises current regulatory developments in the European Union and the UK in the investment funds and asset management sectors in the past four weeks.
In This Issue:
EU Regulatory Developments
- p1 EVCA Consults on New Professional Standards Handbook
- p1 The ECB President’s Proposal for a European Ministry of finance
- p2 EU Contract Law: Optional Instrument
- p2 EMIR: Hungarian Presidency Produces Further Compromise Text
- p3 Polish EU Presidency’s Priorities Published
- p3 ESMA and Japan FSA Sign Exchange of Letters on CRA Supervision and Information-Sharing
- p3 New Indicative Dates for European Commission Legislative Proposals on MAD and MiFID Revisions
- p3 BCBS Documentation on Basel III Implementation Monitoring
- p4 Venture Capital Funds: EU Commission Consultation
- p4 Prospectus Directive: ESMA Consultation on Technical Advice to European Commission
- p5 Taxation: Commission Requests Poland to Amend Discriminatory Tax Legislation for Foreign Investment and Pension Funds
UK Regulatory Developments
- p5 AIMA’s Guide to Institutional Investors’ Views and Preferences on Hedge Fund Operational Infrastructures
- p5 FSA Clarification on RDR Passporting Issues
- p5 Private Equity: Good Practice Reporting by Portfolio Companies
- p6 Tax Transparent Funds
- p6 FSA Secures High Court Orders Against Unauthorised Land Banks
- p6 Home Office Plan for National Crime Agency: Financial Services Implications
- p7 Draft Regulations Implementing UCITS IV
- p7 Government Consults on Amending Money Laundering Regulations 2007
- p7 FSA “Dear CEO” Letter Following Wealth Management Review
- p8 FSA Updates Guide to the EU and Its Legislative Processes V
- p8 HM Treasury White Paper and Draft Parliamentary Bill of the New UK Regulatory Structure
- p9 Near-Final Draft FSA Handbook Rules and Guidance Implementing UCITS IV
- p9 Chancellor of the Exchequer Endorses ICB Retail Banking Proposals in Mansion House Speech
- p9 FSA Announces £54m Payment Scheme of CF Arch Cru Investors
Please see full publication below for more information.