Financial Services Regulation and Compliance - Funds Apr 2020
Domestic
COVID-19: CBI letter to industry
The CBI issued a letter on Measures related to investment funds in light of ongoing market uncertainty due to COVID-19.
EU & International
ESMA final guidance on performance fees in UCITS and certain types of AIFs.
ESMA published its final guidance on performance fees in UCITS and certain types of AIFs. The guidelines will be translated into the official EU languages and will apply two months after those translations are published on ESMA’s website.
COVID-19: ESMA's supervisory expectations for investment funds periodic reports
On 9 April, 2020, ESMA issued a public statement on the obligation to publish yearly and half-yearly reports for UCITS management companies, self-managed UCITS investment companies, authorised AIFMs, non-EU AIFMs marketing AIFs pursuant to Article 42 of the AIFMD, EuVECA managers and EuSEF managers.
ESMA annual statistical report on performance and costs of retail investment products in the EU
ESMA published its second annual statistical report on the cost and performance of retail investment products in the EU. The report covers EU retail investment products in the period from 2009 to 2018 in some detail.
For more information on this topic please contact any member of A&L Goodbody's Financial Regulation team.
Date published: 11 May 2020