Hedge Fund News and presentations
Following a lengthy process the particular EU Commission and Parliament, russian babe The proposed changes regarding harmonisation of pre marketing across the EU have now been agreed. On july 2nd 2019, A two year addition period began, demanding all member states to apply the new rules from August 2021.
right at this moment, AIFMD regulates the arketingof a fund to investors, But does not such as discuss re marketing Consequently, madness of pre marketing varies between each member state, With some countries such as Spain taking a more restrictive stance on allowing any pre marketing activities in comparison to for example, great britain.
Investors and potential investors in a securitisation need that will, And may be required to, Conduct required groundwork and monitor a number of risks.
FinSA / FinIA are coming
don't forget national 2019 Dr. Stefan Grieder Vischer AG
using the Federal Council timetable, The financial Services Act (FinSA the german language only) And the financial institutions Act (FinIA languages like german only) Are to initiate force on 1 January 2020. The results of the appointment (the german language only) On the corresponding Federal Council ordinances (FinSO and FinIO both french only) obtainable. We expect the federal Council to publish the definitive texts of the ordinances in October 2019. Only a few months remain until the new laws come into force. Even if generous transition periods are granted for certain products, Financial agencies should adapt to the new circumstances in good time and take the necessary measures.
Fund skippers, headquarters Governance and the Role of the INED
the fall of 2019 Mark White, Iain Ferguson, Tony Spratt, Darragh Murphy, Hugh Beattie and anna Moran McCann FitzGerald
The corporate governance of fund management companies has been a key area of focus for the Central Bank of Ireland over the past period of time. In web pages speech, jordan Hodson, Director of Asset operations and Investment Banking at the Central Bank, Considered some of Central Bank key prospect of the board and directors, With particular mention of the Fund Management Companies (MCs, The factor of INEDs, Regulatory changes and Brexit. The consulting is open for comment until 31 December 2019.
On 31 July 2019 the Federal Cabinet published a draft bill taking on the Amending Directive to the 4th EU Anti Money Laundering Directive (directive [western european] 2018/843) Into a language like german law (MLD5. The bill innovates, Amongst other activities, Changes to the German Anti Money laundering Act (Geldw GwG) And to the German depositing Act (Kreditwesengesetz KWG) And new conditions for electronic wallet providers and exchange platforms for crypto assets. The draft bill is set to become effective on 1 January 2020 and will have a big impact on the crypto assets industry as it extends the scope of anti money laundering and countering financing of terrorism (AML/CFT) Duties to providers engaged in exchange services between virtual currencies and fiat
Crowd sourced funding around australia: a viable alternative?
april 2019 Jeremy Horwood Corrs Chambers Westgarth
On august. 20, 2019, government employees Deposit Insurance Corporation (DIC and any office of the Comptroller of the Currency (CC sanctioned a final rule (Inal Rule to amend the codes adopted in 2013 (013 Rule working with Section 13 of the Bank Holding Company Act, commonly referred to as the olcker Rule.While the Final Rule is largely the same as the Notice of Proposed Rulemaking issued by the agencies on May 30, 2019 (Roposed secret, It does contain important improvements from the Proposed Rule. The other three agencies charged with working with the Volcker Rule the Commodity Futures Trading Commission (federal trade commission, Federal book Board (Oard and the securities and Exchange Commission (ECtogether throughout the FDIC, OCC, CFTC and game board, Gencies are hoped for to approve the Final Rule in the coming days.
New Regulatory Framework for the Cross border distribution of Investment Funds
november 2019 Mark White, Iain Ferguson, Tony Spratt, Darragh Murphy, Hugh Beattie and beautiful ukrainian women anna Moran McCann FitzGerald
A further example evidencing the trend towards ESG investment in Canada comes from the most important single investor in Canada: The Canadian retirement Plan. The Canada pension Plan (PP offers Canadian contributors and their families with partial replacement?Of earnings upon retirement life, incapability, Or your demise. Almost all are usually work in Canada outside of?The land of Quebec (from where the Quebec Pension Plan provides similar benefits) help with the?CPP.?to 2013, CPP net managed assets smashed up CAD $175.0 billion.
EMIR Refit upgrade
sept 2019 Nick Shiren, Assia Damianova and eileen Sholem Cadwalader Wickersham Taft LLP
regulations (eu) none 648/2012 (MIR imposed a range of responsibilities which can apply to counterparties trading in derivatives, Including a clearing accountability, Risk mitigation agreements (such as exchange of collateral) And a reporting debt. within just 2017, Following a review of the effectiveness of EMIR, the european Commission published a proposal for a new regulation to amend EMIR, With the aim of making the legislation operate in a more balanced, useful and effective manner. The new control (MIR Refit has now been published in the Official Journal of the EU and corporations its provisions will come into force on 17 June 2019.