ESMA’s AIFMD Recommendations – A Specific Look at Delegation
As discussed in our previous blog, ESMA has written to the European Commission ahead of the EU executive’s review of the AIFMD regulation. Although ESMA has recommended a raft of…
ESMA’s Proposed Changes to AIFMD
When the European Commission announced back in March 2018, a proposal to amend the Alternative Investment Fund Managers Directive (AIFMD), in order to provide for a uniform regime for “pre-marketing”…
ESMA’s Proposed Changes to AIFMD Reporting Regime
Last week, ESMA published a letter to the Commission setting out 19 key areas where it believes AIFMD could be improved. Specifically, ESMA’s letter includes: Harmonising the AIFMD and UCITS…
SEC Proposed Modernised Shareholder Reports
The U.S. Securities and Exchange Commission (SEC) recently proposed significant modifications to the mutual fund and exchange-traded fund disclosure framework. The proposed disclosure framework would feature concise and visually engaging…