Dechert LLP has highlighted ongoing consultation in Ireland on corporate governance of investment firms in its latest roundup of key European regulatory changes. Consultation Paper 94, issued by the Central Bank of Ireland outlines the new requirements that investment firms, their boards and executives will have to abide by in future. “The Central Bank continues […]
The recent £18m fine imposed by the UK Financial Conduct Authority for a number of compliance breaches, including mistakes made in Key Investor Information Documents (KIIDs), has made it clear that the regulators are not kidding around about compliance by Ucits. This is just the latest example of regulators taking the KIID very seriously, showing […]
The European Parliament voted to adopt the Ucits V Directive on 15 April, which should bring Ucits generally more in line with the AIFM Directive objectives, say Declan O’Sullivan and Conor Durkin, Dublin based partner and senior associate respectively at law firm Dechert.
Richard Frase, partner at Dechert LLP in London, Declan O’Sullivan, partner in Dublin and Conor Durkin, partner in Dublin, have jointly noted the latest ‘chaos’ to hit implementation of the European Market Infrastructure Regulation.
The UK Financial Services Authority is shortly to embark on a thematic review of asset managers, which will focus on the risks of bribery and corruption, sanctions and money laundering, according to law firm Dechert LLP.
Patrick Goebel has joined law firm Dechert LLP’s financial services and investment management group as a partner in Luxembourg.
Members of the Association of Southeast Asian Nations (ASEAN) have long wanted a single integrated marketplace for listed securities but recent moves towards mutual recognition of funds suggests the goal is now closer, according to a briefing note from legal firm Dechert.
Russia’s securities regulator, the Federal Service for Financial Markets (FSFM), has recently adopted a new legislation for foreign issuers wanting to place or publically circulate securities in Russia.
Dechert LLP, the international law firm, has published a “euro crisis” resources web page listing its latest briefings for investment managers on eurozone issues.
China is planning a new pilot securitisation program to allow some commercial lenders to securitise financial assets, an update from the law firm Dechert has reported.