News & Analysis as of

MiFID II European Undertakings for Collective Investment in Transferable Securities Alternative Investment Fund Manager

Latham & Watkins LLP

FCA Issues Discussion Paper on Changes to the UK Transaction Reporting Regime

Latham & Watkins LLP on

IT teams will want to contribute to the debate over the FCA’s proposed changes, which could introduce additional complexities and lead to major IT costs for firms....more

A&O Shearman

UK allows bundled payments for third-party research and trading commissions

A&O Shearman on

From 1 August 2024, the UK changed its rules on how payments are made for investment research. UK firms may now use bundled payments for third-party research and trading commissions, subject to certain requirements being...more

Walkers

Central Bank launches its consultation paper CP152: Own funds requirements for UCITS management companies and AIFMs authorised for...

Walkers on

On 1 December 2022, the Central Bank of Ireland (the “Central Bank”) published its consultation paper CP152 on own funds requirements for UCITS management companies and AIFMs authorised for discretionary portfolio management...more

A&O Shearman

Cross-border fund distribution package: ESMAs final guidance on funds marketing communications

A&O Shearman on

Pursuant to a requirement to do so under the Regulation on the cross-border distribution of funds (2019/1156) (CBDF Regulation), on 27 May 2021, ESMA published its final report on the Guidelines on Marketing Communications...more

Latham & Watkins LLP

The European Commission Unveils New Sustainable Finance Package

Latham & Watkins LLP on

The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities. On 21 April 2021, one day prior to Earth Day and a US-led global...more

BCLP

Investment Firms: A new prudential framework

BCLP on

What is it? The EU has finalised and issued a new framework for the prudential regulation of investment firms. It will set new classification for investment firms that will in turn determine which of the new capital...more

Kramer Levin Naftalis & Frankel LLP

Funds Talk: October 2017 - MiFID II – State of Play

On Jan. 3, 2018, the long-anticipated overhaul of European Union (EU) financial markets legislation will come into effect. The second Markets in Financial Instruments Directive (MiFID II) will broaden the scope of EU...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Continental Drift? Brexit’s Potential Impact on International Investment Managers"

The U.K. referendum vote to leave the European Union has focused attention on Brexit’s potential impact on the U.K.’s financial services industry. The U.K. is home to a wide array of asset managers, banks, insurers,...more

Skadden, Arps, Slate, Meagher & Flom LLP

"MiFID II Expected to Have Significant Impact on Investment Managers"

When implemented, revisions to the EU’s Markets in Financial Instruments Directive (MiFID II) will radically change the regulation of EU securities and derivatives markets, and significantly impact the investment management...more

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