Regulatory Round-up: July 2021
Welcome to the Funds-Axis Regulatory Round Up! In this month’s round-up, of particular interest, nearly two years after the implementation of the Assessment of Value requirements, the FCA have finally…
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I KID you not! FCA to ditch performance scenarios from PRIIPs KIDs
Of all the new regulations we have seen over the last few years, few have raised as many concerns, or have been as controversial and polarising as the KID requirements under the regulation for Packaged Retail and Insurance-based Investment Products (PRIIPs).
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Liquidity Mismatch – FCA & BoE put forward suggested possible liquidity framework
Background In 2019, the Bank of England (BoE) and Financial Conduct Authority (FCA) launched a joint review into vulnerabilities associated with the liquidity mismatch. The review built on the FPC’s…
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Challenges facing ManCos – more regulations, more regulatory change, and more scrutiny than ever before (Part 1)
Challenges facing ManCos – more regulations, more regulatory change, and more scrutiny than ever before (Part 1) The pressure is rising on the ManCo industry – Management Companies (ManCos) are…
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What is ManCoTech?
What is ManCoTech? You’ve heard of FinTech, you’ve heard of RegTech, but have you heard of ManCoTech? It’s the latest “buzzword” in the European investment and compliance community. So what…
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Shorter Schedule 13D Reporting Deadlines may be on the horizon
The Chairman of the Securities and Exchange Commission (SEC) recently gave a speech at London City Week. During the speech, he discussed three key areas on the reform agenda at the SEC. One of those areas was on transparency, and in particular, the area of beneficial ownership and Schedule 13D reporting.
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Ouch! FCA delivers another blow to AFMs with AoV review
Ouch! FCA: Financial Conduct Authority delivers another blow to Authorised Fund Managers with Assessment of Value review Last week the FCA published the results of their review on ‘host’ Authorised…
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FCA Review of Host AFMs
FCA: Financial Conduct Authority Review of Host AFMs On 30th June, the Financial Conduct Authority (FCA) published a review of Host Authorised Fund Management Firms. The review, which was carried…
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Regulatory Round-up: June 2021
The past month brought several important regulatory developments, particularly on regulatory supervisory feedback, with the FCA unimpressed with UK AFMs governance and operations processes, Belgium’s FSMA expecting vast improvements to PRIIPs KIDs and New Zealand’s FMA less than impressed with MIS Managers liquidity risk management.
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17 Liquidity Risk Management Recommendations from the FMA
17 Liquidity Risk Management Recommendations from The New Zealand Financial Market Authority (FMA) Liquidity risk in managed funds has been a prominent and increasing concern of regulators globally, particularly in…
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