Each month our Asset Management & Investment Funds team write a ‘Legal & Regulatory Update’. Welcome to the our June edition.
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.
- Temper(ature)s Rise Over UK Market Trading
- ESMA statements of 19 March & 29 May 2019 on the use of UK markets in a no-deal Brexit scenario
- FCA statement of 29 May 2019 on the use of UK markets in a no-deal Brexit scenario
- ESMA speech of 4 June 2019 featuring commentary on the use of UK markets in a no-deal Brexit scenario
- EU is changing and strengthening its approach to equivalence
- Revised Shareholder Rights Directive Brings Funds in Scope
- SRD II Headlines
- Application
- New Requirements
- Engagement Policy – ‘comply or explain’ requirement
- Transparency requirements
- EMIR Refit Finalised and in Force from 17 June 2019
- Brief background to EMIR Refit and the exemption from central clearing
- How do I qualify for the clearing exemption?
- What are the next steps following the Exemption Calculation?
- Who should make the notification to ESMA and the Central Bank?
- How do I notify ESMA and the Central Bank?
- Central Bank Flags Upcoming Thematic Review
- CP 86/ Fund Management Company Effectiveness Themed Inspections
- Brexit
- Additional points of interest
Click here or on the image below for a our full update.
