Ireland’s investment funds industry shows no sign of slowing with total AUM reaching EUR2.4 trillion by end of 2017. That’s a 16 per cent growth year-on-year and represents a new high watermark for the jurisdiction, as alternative fund managers continue
Broadridge Financial Solutions, is working with FundsLibrary, a provider of digital fund data and regulatory solutions, to develop a new offering for European wealth and asset managers to address the challenges posed by MiFID II Ex-Post Costs and Charges and
Apex Group (Apex) has received Full Depositary authorisation from the Central Bank of Ireland for its subsidiary the European Depositary Bank (EDB) to operate in Ireland. Through EDB, Apex offers independent banking, depositary and custody services to institutional investors and
Saxo Bank has welcomed ESMA’s recently announced measures in relation to the provision of CFDs to retail clients. The measures include caps on leverage which Saxo Bank considers fair and proportionate. Saxo Bank expects these measures to be positive for
The Financial Conduct Authority (FCA) has welcomed the agreement reached on the terms of an implementation – or transitional – period that will apply following the UK’s withdrawal from the European Union. Under the terms of the agreement, the implementation
UK fund providers will have until 15 September 2019 to submit a ‘Brexit licence’ to the Luxembourg regulator to continue trading in the Grand Duchy. The Commission de Surveillance du Secteur Financier (CSSF) is warning that unless firms submit a
ALFI comments on the EC proposal amending UCITS and AIFM Directives… ALFI, the Association of the Luxembourg Fund Industry, has been engaged in the Capital Markets Union initiative from the outset and has actively responded to the European Commission’s 2016
Broadridge Financial Solutions has launched a change management service to help companies design their target operating models to be compliant with the upcoming Securities Financing Transactions Regulation (SFTR). The new service provides a practical blueprint for front-to-back changes to overall
The European Fund and Asset Management Association (EFAMA) has welcomed the vote by the European Parliament plenary, formally adopting the trilogue agreement on the Commission’s initiative to remove cross-border barriers to the distribution of investment funds. This marks a decisive
By Olivia Munro – As the deadline to the GDPR steadily approaches, it is important to start preparing for the regulation if you haven’t already. In case you aren’t aware, the EU took a major step to protect their
