Tracker, Financial Services Regulation & Compliance - Funds

DOMESTIC

Central Bank Markets Update: CP99 (AIF Rulebook), Amending Central Bank UCITS Regulations, CP105 consultation on further amending the Central Bank UCITS Regulations, AIFMD Q&A, UCITS Q&A, Market Abuse

The Central Bank published a Markets Update (Issue 3 2016 dated 2 June) which includes:

  • Further consultation on CP86: Fund Management Company Effectiveness. The consultation period closes on 25 August 2016.
  • Feedback on CP99: Consultation on Amendments to the AIF Rulebook.
  • Publication of first set of Amending Central Bank UCITS Regulations 2015 (as a consequence of the implementation of UCITS V).
  • CP105: Consultation on amendments to the Central Bank UCITS Regulations. The Central Bank issued a consultation on a second set of amendments to the Central Bank UCITS Regulations. The consultation period for CP105 closes on 25 August 2016.
  • Nineteenth Edition of the AIFMD Q&A.
  • Thirteenth Edition of the UCITS Q&A.
  • Market Abuse Regulation: The Central Bank has amended its website guidance on the Market Abuse Regime

EUROPEAN 

Updated ESMA Q&A on the application of AIFMD

ESMA published an updated version of its Q&A paper on the application of the Alternative Investment Fund Managers Directive.

European Commission CMU consultation on cross-border distribution of investment funds

The European Commission published a consultation on CMU action on cross-border distribution of investment funds (UCITS, AIFs, ELTIFs, EuVECAs, EuSEFs) across the EU.

ESMA Q&A on the application of EuSEF and EuVECA Regulations

ESMA published an updated version of its Q&A on the application of the European Social Entrepreneurship Funds (EuSEF) Regulation and the European Venture Capital (EuVECA) Funds Regulation.

ESMA final report on draft RTS under ELTIF Regulation

On 8 June 2016, ESMA published  a final report  on the draft regulatory technical standards (RTS) under the Regulation on European Long-Term Investment Funds (ELTIFs).

For further information please contact a member of the Financial Regulation team.

Date published: 04 July 2016