On 5 February 2024, the European Council and Parliament reached a provisional agreement on a proposal for a new regulation on ESG rating activities with the aim of boosting investor confidence in sustainable products....more
On 30 January 2024 the Economic Secretary to HM Treasury issued a statement to MPs on the long-awaited first equivalence assessment under the Overseas Fund Regime ("OFR"). Following a 'detailed assessment', European Economic...more
On 1 November 2023, in a welcome development, the Central Bank of Ireland (the "Central Bank") published Consultation Paper 155 on the proposed new European Long-Term Investment Funds ("ELTIF") chapter in the Central Bank's...more
Yesterday, ESMA published a risk analysis report outlining the results of its disclosure study on ESG names and claims in the EU funds industry.
ESMA utilised natural language processing ("NLP") techniques to analyse the...more
10/4/2023
/ Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Greenwashing ,
Investment ,
Investment Funds ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
UCITS ,
UK
On 1 June 2023, the three European Supervisory Authorities (the “ESAs”) published their respective progress reports (ESMA, EBA and EIOPA) in response to a request for their input from the European Commission (the...more
6/12/2023
/ EIOPA ,
Environmental Social & Governance (ESG) ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Greenwashing ,
Investment Management ,
National Competent Authorities (NCA) ,
SFDR ,
SMSG ,
Sustainability ,
UK
Welcome to the January – March 2023 issue of our Irish Quarterly Legal and Regulatory Developments report for asset management and investment funds.
This report covers key dates and developments during the quarter under...more
4/21/2023
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Companies Registration Office (CRO) ,
ELTIF ,
EMIR ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Stability Board ,
Investment Funds ,
MiFID ,
Money Market Funds ,
National Competent Authorities (NCA) ,
SFDR ,
UCITS ,
UK
Our global investment funds teams work closely with the leading managers, instructing counsel and service providers around the world, giving us a unique perspective and insight into the trends and forces shaping financial...more
2/8/2023
/ Asia ,
Bermuda ,
BVI Business Companies ,
Cayman Islands ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Environmental Social & Governance (ESG) ,
Infrastructure ,
Private Equity ,
SFDR ,
UK