Crossborder investment services and activities license in Denmark. An Update for Brexit The Danish Financial Business Act contains provisions under article 33 for foreign credit institutions and investment firms intending to obtain a crossborder investment services and activities license in Denmark, with or without ancillary services, to deal exclusively with eligible counter-parties or professional clients….
A directive on the distance marketing of investment funds and broader consumer financial services was introduced in 2002 (please find the directive here). The main aim of the initiative was to further ensure the free movement of financial services in the single market in Europe. The directive, amongst other things, defines some of the main…
At the beginning of September this year the Financial Conduct Authority announced one more change in the process to notify requests for marketing authorisations under the UK NPPR. As part of this change, whilst all notifications will be made via the Connect Platform of the UK FCA, only notifications to market under AIFMD UK regulation…