Investment Funds Cross Border Distribution in 2021 The European landscape for investment funds Cross Border Distribution is set for a small revolution in 2021. Following the adoption in mid-2019 of both a new directive and a regulation, part of a broader endeavour of the European Commission on the Capital Markets Union, the time has now…
Add Sub-funds in the UK Temporary Permission Regime So, you are most likely one of the wise fund managers or promoters to have had your UCITS authorised for marketing in the UK under the European passport regime, just on time before the end of the transition period. You also most likely were able to carry…
The Spirit of AIFMD Premarketing After nearly ten years since its adoption, it is now common knowledge that the AIFMD irreversibly changed the European landscape for managing alternative investment funds. What is less known about the AIFMD though, is that it also contributed to define at European level the concept and dynamics of marketing investment…
ESG Disclosure in UCITS KIIDs The Disclosure Regulation is considered by many a strategic regulation with long lasting effects for the fund management industry. Since its introduction, a great deal of attention has been paid to the implications of ESG Disclosures on the operations of fund managers, including a recent lengthy debate on the lack…
Phasing Out the AIFMD National Private Placement Regime? Since its introduction in 2011, the AIFMD National Private Placement Regime has provided an avenue for European investors to access alternative investment strategies hosted and managed outside of Europe. Whilst this regime is mainly and essentially a local law affair – and has its limitations, both objective…
Good Governance. Keeping the Board Informed About UCITS Cross-Border EU Registrations In the EU domiciles with the most evolved fund governance standards, the board of directors of UCITS management companies plays a pivotal role with regards to UCITS Cross-border EU registrations. The board of directors, in fact, will have a say ex-ante on distribution, to…