Michael Bayr

Michael Bayr

Dechert LLP

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Financial Services Quarterly Report - Third Quarter 2019: UCITS and Performance Fees: BaFin’s View and Challenges for Non-German...

BaFin, the German financial regulator, has recently begun to review performance fee calculation clauses in fund documents filed by non-German UCITS for marketing in Germany in a more systematic manner.  In a number of...more

10/28/2019  /  BaFin , Benchmarks , European Securities and Markets Authority (ESMA) , Financial Services Industry , Foreign Investment , Germany , IOSCO , Member State , Performance Fee Rule , UCITS
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