Home Knowledge Asset Management & Investment Funds Update Feb 19

Asset Management & Investment Funds Update Feb 19

 

Each month our Asset Management & Investment Funds team write a ‘Legal & Regulatory Update’.

The topics covered in this months edition are below. For further information on any of these items, please email or phone any member of our Funds Team.

  • No-Deal Brexit Developments
    • Formal clearance on delegation of portfolio management to UK managers
    • Recognition of UK CCPs and the UK CSD
    • Central Bank publishes guidance in relation to QIAIFs with UK AIFMs
    • Central Bank – muted positive signal on “Location Requirement”
    • Ireland produces draft no-deal Brexit legislation
  • Political Agreement on Cross Border Funds Distribution Measures
  • ESMA consults on liquidity stress test guidance for investment funds
  • Public Consultation on Irish Limited Partnerships
  • EMIR Refit – ESMA and Central Bank Approach
  • Recent speech by Michael Hodson, Director of Asset Management and Investment Banking at the Central Bank of Ireland