Tracker, Financial Services Regulation & Compliance - Funds


Updated Central Bank AIFMD Q&A
The Central Bank of Ireland published the twelfth edition of the AIFMD Q&A on 23 January 2015. New questions ID1085 (delegation), ID1086-ID1087 (transitional arrangements) and ID1088 (disclosure) were added.

Central Bank AIFMD Reporting
An updated version of the AIF Reporting template has recently been uploaded to the Central Bank of Ireland’s website.

EU & International

ESMA Discussion Paper on UCITS Share Classes
On 23 December, the European Securities and Markets Authority (ESMA) issued a discussion paper on UCITS Share Classes. 27 March 2015 is the closing date for responses.

ESMA Q&A on ETFs and other UCITS issues
ESMA updated its Q&A on ETFs and other UCITS issues on 9 January 2015. It added new Q&A 5f on Financial Derivative Instrument and new Q&A 6n on collateral management.  

ESMA Q&A on the Application on the AIFMD
ESMA updated its Q&A on the Application on the AIFMD to give more detail on the finer points of reporting requirements to national competent authorities under Articles 3, 24 and 42.

AIFMD Reporting by national competent authorities to ESMA
On 18 December 2014, the European Commission published the text of a Delegated Regulation it adopted on information to be provided by national competent authorities (NCAs) to ESMA under AIFMD. The Delegated Regulation will come into force 20 days after its publication in the Official Journal of the EU (OJ).

MMF Regulation
On 18 December 2014, the Presidency of the Council of the EU published its third compromise proposal relating to the proposed Regulation on Money Market Funds (MMF Regulation). The Council also published a progress report.

For further information please contact a member of the Financial Regulation team.

Date published: 3 February 2015