by Emma Cleveland | 2015-10-27 | Industry News
In a speech held on 13 October 2015 Steven Maijoor, the Chair of
the
European Securities and Markets Authority (“ESMA”), discussed ESMA’s work in relation to the passport under the Alternative Investment Fund Managers Directive (“AIFMD”) in front of the European...
by Emma Cleveland | 2015-10-22 | Industry News
On 1 October 2015, the European Securities in Markets Authority (“ESMA”) updated their Q&A on the application of the Alternative Investment Fund Managers Directive (“AIFMD”) in relation to depositaries. AIFMD has built a comprehensive framework for the regulation...
by Emma Cleveland | 2015-10-20 | Industry News
In a publication issued on 9 October 2015, the HM Treasury and the Financial Conduct Authority (“FCA”) announced a call for input in regards to their Financial Advice Market Review (“FAMR”) which aims to look at how financial advice could work better for consumers...
by Emma Cleveland | 2015-10-14 | Industry News
On 30 September 2015, the European Commission (the “Commission”) published their Capital Markets Union (“CMU”) action plan on helping build a true single market across the 28 EU Member States and unlocking a free flow of capital throughout. Some of the key motivations...
by Emma Cleveland | 2015-10-07 | Industry News
On 16 September 2015, in a speech by Greg Medcraft, Chairman of the Australian Securities and Investments Commission (“ASIC”) and Chairman of the International Organization of Securities Commissions (“IOSCO”), the key topic of discussion was the future of the...
by Emma Cleveland | 2015-09-30 | Industry News
In two publications from 18 September 2015, the FCA discuss their principles and approach to supervision of flexible and fixed portfolio firms. The FCA’s publications will be of interest to both types of firms in regards to fulfilling their regulatory obligations and...
by Emma Cleveland | 2015-09-24 | Industry News
With around 35% of all assets managed in Europe being managed in the UK, the UK is a leading centre for fund management. The UK’s private equity and venture capital industry has continued to be the largest in Europe for a number of years and is accountable for more...
by Emma Cleveland | 2015-09-22 | Our Thinking
UCITS account for around 75% of all collective investments by small investors in Europe and so UCITS V will have a significant impact on a major part of the industry. With implementation planned for March 2018, it is important that firms prepare for the forthcoming...
by Emma Cleveland | 2015-09-17 | Industry News
Undertakings for collective investment in transferable securities (UCITS) are regulated investment funds which can be sold to the general public throughout the European Union, due to their increasing popularity the importance of having common and harmonised standards...
by Emma Cleveland | 2015-09-16 | Our News, Us in the Press
Cleveland & Co’s authorisation by the Solicitors Regulation Authority as an alternative business structure (ABS) has not gone unnoticed: in a recent interview by Legal Futures our managing director, Emma Cleveland, discusses the topic and Cleveland & Co’s...
