News & Thoughts

1 year ago

*** UK EU Memorandum of Understanding Was Actually Signed on June 27th 2023 UK EU Memorandum of Understanding. Talks About Equivalence Yet? The month of May saw significant progress for…

Local Facilities and PRIIPs KIDs. The offering of AIFs to Italian Semi Professional Investors

AIFMD, Crossborder Distribution, UCITS

2 years ago

Local Facilities and PRIIPs KIDs. The offering of AIFs to Italian Semi Professional Investors A recently enacted amendment of some Italian sector legislation paves the way to offer AIFs to…

Beat UCITS Costs or Die Trying. Governance Aspects of European Crossborder Distribution

Crossborder Distribution, UCITS

2 years ago

Beat UCITS Costs or Die Trying! Governance Aspects of European Crossborder Distribution. Lately, the CSSF released its official feedback on the issue of UCITS costs and fees. Part of a…

Why You Need a UCITS EU Facilities Agent

Crossborder Distribution, UCITS

2 years ago

Why You Need a UCITS EU Facilities Agent (and it’d Better be Us) The Cross-border Distribution of Investment Funds Directive marks officially the beginning of a new era for the…

Lessons from Conversion to UCITS PRIIPs KIDs

Crossborder Distribution, PRIIPs, UCITS

2 years ago

Lessons from Conversion to UCITS PRIIPs KIDs As Q1 2023 ended, we have seen our fair share of UCITS PRIIPs KIDs conversions by now. Without entering the broader debate about…

Simplifying the UCITS Marketing Passport Notification

Crossborder Distribution, UCITS

2 years ago

Simplifying the UCITS Marketing Passport Notification Buried under the vast amount of documentation produced by ESMA as part of regulatory convergence and other similar exercises, in mid-December 2022 the final…

UK Overseas Persons Exclusion. An Overview of the UK Third Country Regime

Brexit, Crossborder Distribution, UCITS

2 years ago

Overseas Persons Exclusion and the UK Third Country Regime The UK maintains its traditional openness to international business even post Brexit, with the departure from the EU offers UK authorities…

The ins and the outs of AIFMD NPPR

Fund Distribution, International

2 years ago

Marketing offshore AIFs in Europe under AIFMD National Private Placement Regime (NPPR) is still very hot topic. Notwithstanding extensive discussions and ESMA opinions in the recent past around the possibility…

AMF Ramps Up Sustainability Disclosures for Funds in France

AIFMD, Fund Distribution, UCITS

2 years ago

AMF Ramps Up Sustainability Disclosures for Funds in France Written in collaboration with the experts at InReg The French Regulator has recently published on its website a recommendation relevant to all the…

Mind the Gap. UK Facilities Agent Services and TPR Notification

Brexit, Crossborder Distribution, Fund Distribution, UCITS

2 years ago

Mind the Gap. UK Facilities Agent Services and TPR Notification The UK is today still fictitiously part of the EU during what is defined, in Brexit jargon, Transition Period. With…

Add Sub-funds in the UK Temporary Permission Regime

Brexit, Crossborder Distribution, UCITS

2 years ago

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…

All You Need to Know about UCITS Marketing in Italy

Brexit, UCITS

2 years ago

All You Need to Know about UCITS Marketing in Italy With assets under management easily exceeding a trillion Euros, nearly half of which accounted for by the fund industry, Italy…