May 19, 2022 An EU retail passport for alternative funds? By Gavin Haran Lora Froud The EU’s review of the Alternative Investment Funds Management Directive, or AIFMD 2, is underway. The EU’s institutions are currently...
Mar 03, 2022 Corporate sustainability due diligence directive: the European Commission’s proposal By Shailen Patel Charmaine Lee Last week, the EU set out its proposal for a new Directive on corporate due diligence to enhance the regulatory framework on sustainable...
Feb 03, 2022 ESMA’s briefing on tied agents: UK managers in the firing line? By Gavin Haran ESMA’s supervisory briefing on supervisory expectations in relation to firms using tied agents in the MiFID II framework will be...
Feb 02, 2022 FCA’s views on operational resilience: are you ready for 31 March 2022 deadline? By Joy Davey Banks, insurers and enhanced-scope SMCR firms will have to comply with the operational resiliency requirements that come into force on 31...
Jan 24, 2022 Asset valuation: EU managers under scrutiny By Sandeesh Shah ESMA has announced that it is launching its third common supervisory action (CSA) on the EU asset management sector, this time focusing...
Jan 12, 2022 UK Securitisation Regulation – FCA approves first two securitisation repositories By Edward Karsten Richard Fletcher With effect from 17 January 2022, the Financial Conduct Authority (FCA) has decided to register both European DataWarehouse Ltd and...
Sep 29, 2021 The ISDA 2021 EONIA Collateral Agreement Fallbacks Protocol By Rob Daniell The European Overnight Index, or EONIA, is due to permanently cease to be published from 3 January 2022, as EONIA does not meet the...
Sep 09, 2021 The missing cornerstone in sustainable finance: investee company ESG reporting By Lora Froud Tiffany Cox Gavin Haran The rush to regulate financial markets to produce ESG outcomes has brought focus to a problem: in the absence of good quality ESG data...
Aug 11, 2021 A global approach to ESG data and disclosure By Tiffany Cox Gavin Haran The International Organization of Securities Commissions (IOSCO) has published a wide-ranging consultation report on its "recommendations...
Jul 26, 2021 European Commission consults on EU securitisation framework By Richard Fletcher Edward Karsten The European Commission has launched a consultation on the EU securitisation framework. The consultation covers the following issues:the...
Jul 21, 2021 Legislation Day 2021: the key points for businesses By Jagwinder Kaur On 20 July 2021, the government published draft legislation for the Finance Bill 2021-2022, consultations, and other documents (L-Day)....
Jul 20, 2021 A natural next step: quantifying and addressing the impact of asset management on nature By Riley Forson As asset managers adapt to the need to disclose their approach to climate-related financial risks, integrate sustainability risk...
Jul 16, 2021 The future of UK regulation: the FCA’s new business plan By Gavin Haran The FCA has published its 2021/22 business plan. The publication of the plan was slightly delayed, which is perhaps unsurprising given...
Jul 14, 2021 SFDR delayed by six months following concerns over greenwashing By Harriet Miller On 8 July 2021, the European Commission (EC) informed the European Council that the implementation of level 2 of the Sustainable...
Jul 09, 2021 Can the regulators shift the gears on D&I in financial services? By Macfarlanes The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England (the regulators) have published a...
Jul 09, 2021 Securitisation – EBA consults on risk retention and HMT consults on the UK Sec Reg By Edward Karsten Richard Fletcher EBA consults on risk retentionThe European Banking Authority (EBA) has launched a consultation on draft regulatory technical standards...