Harmonisation of cross-border distribution of UCITS and AIFs

A European Directive and Regulation on the cross-border distribution of funds (CBDF) came into force on 1 August 2019 (as noted in previous bulletins). The CBDF Directive amends relevant provisions of the UCITS Directive and AIFMD. The CBDF Directive is to be transposed by 2 August 2021 and the substantive provisions of the CBDF Regulation are to apply from that date.

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For more information on this topic please contact a member of A&L Goodbody's Asset Management & Investment Funds team.

Date published: 2 September 2019