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Proskauer Rose LLP

A Step Closer to CSRD’s Non-EU Group Reporting Standards

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On 30 October 2024, the Corporate Sustainability Reporting Directive ("CSRD") standards for global groups with a significant European footprint took a notable public step forward. The European Financial Reporting Advisory...more

Goodwin

ELTIF 2.0 RTS: Second Time Lucky and A Positive Step Forward on Liquidity and Redemptions

Goodwin on

In our previous alerts (here and here), we noted critical feedback that the European Commission (Commission) gave to the European Securities and Markets Authority (ESMA) on its December 2023 draft Regulatory Technical...more

Goodwin

ELTIF 2.0 RTS: Commission Orders ESMA to Think Again

Goodwin on

In our previous alert, we looked at the draft revised Regulatory Technical Standards (RTS) supplementing the amended ELTIF Regulation (ELTIF 2.0) published by the European Securities and Markets Authority (ESMA) in its...more

Hogan Lovells

ESAP: A centralized 'data space' granting easy access to corporate information for investors

Hogan Lovells on

On 23 May 2023, the European Council and the European Parliament reached a provisional agreement on three proposals jointly creating the European Single Access Point (ESAP) as part of the Capital Markets Union Action Plan. ...more

Latham & Watkins LLP

European Commission Proposes Wide-Ranging Enhancements to Retail Investor Protection Rules

Latham & Watkins LLP on

As the “most ambitious legislative proposal since the inception of EU financial regulation”, the changes would make significant amendments to MiFID II and PRIIPs. On 24 May 2023, the European Commission (Commission)...more

Dechert LLP

AIFMD 2.0 – The Negotiations Begin

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As noted in our earlier OnPoint, on 25 November 2021, the European Commission (the Commission) adopted a package of measures that aimed to deliver on several key commitments in the 2020 Capital Markets Union action plan,...more

K&L Gates LLP

Brussels Regulatory Brief: December 2022

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ANTITRUST AND COMPETITION - EU Foreign Subsidies Regulation Expected to Enter into Force by Mid-2023 - On 28 November 2022, the Council of the European Union adopted the Foreign Subsidies Regulation (FSR), which granted the...more

BCLP

AIFMD II European Parliament draft report provides positive amendments and points of clarity

BCLP on

On 18 May 2022 a draft report on ‘AIFMD II’ was published, containing proposals by a rapporteur presented to the ECON committee. It sets out a list of suggested amendments to the European Commission (the Commission)’s draft...more

Dechert LLP

AIFMD – the EU Commission publishes its proposals for reform of the AIFMD

Dechert LLP on

On 25 November 2021, the European Commission (the Commission) adopted a package of measures aimed to deliver on several key commitments in the 2020 Capital Markets Union (CMU) action plan. The package includes four...more

BCLP

AIFMD II: An evolution not a revolution at round 1

BCLP on

Today (25 November 2021) the European Commission (the Commission) released the results of its evaluation of the Alternative Investment Fund Managers Directive (AIFMD) which forms part of a Capital Markets Union legislative...more

Hogan Lovells

Long awaited proposals to reform the EU Solvency II insurance regime are published

Hogan Lovells on

The recent proposal for the revision of the Solvency II regime adopted by the European Commission anticipates interesting topics that will generate much debate in the future as they will define a new regulatory framework to...more

Hogan Lovells

Funds and asset management regulatory news, October 2020 # 4

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AIFMD review: European Commission consultation - The European Commission has launched a consultation questionnaire relating to its review of the Alternative Investment Fund Managers Directive (AIFMD)....more

A&O Shearman

European Commission Consults on MiFID II

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The European Commission has launched a consultation on reviewing the EU Markets in Financial Instruments package. The Markets in Financial Instruments Directive and Markets in Financial Instruments Regulation have applied...more

K&L Gates LLP

European Commission Adopts a Roadmap for its Initiatives in 2020

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On 29 January, the European Commission (“the Commission”) adopted its 2020 Work Programme, which sets out the most important initiatives the new Commission intends to undertake in its first year of office....more

A&O Shearman

European Supervisory Authorities Issue Guidance on Scope of Application to Bonds of the PRIIPs Regulation

A&O Shearman on

The Joint Committee of the European Supervisory Authorities has published a Supervisory Statement on the scope of application to bonds of the EU Packaged Retail and Insurance-based Investment Products Regulation. The ESAs...more

Orrick - Finance 20/20

Euro Summit Preparation

Orrick - Finance 20/20 on

On June 21, the new Communication forms the Commission’s contribution to the Euro Summit. It takes stock of the progress made to deepen EMU since the publication of the Five Presidents’ Report: Completing Europe’s EMU on...more

BCLP

Reducing barriers to the cross-border distribution of investment funds – AIFMD rules now finalised

BCLP on

In March 2018 the European Commission published a draft package of measures aimed at reducing barriers to the cross-border distribution of investment funds. The proposed approach involves aligning the rules between different...more

A&O Shearman

Governance & Securities Law Focus: Asia Edition, February 2019

A&O Shearman on

In this newsletter, we provide a snapshot of the principal Asian, U.S., European and selected international governance and securities law developments of interest to Asian corporates and financial institutions. ...more

Orrick - Finance 20/20

EIOPA Publishes Call for Evidence on Integration of Sustainability Risks in Solvency II

Orrick - Finance 20/20 on

On January 17, the European Insurance and Occupational Pensions Authority (“EIOPA“) published a call for evidence on the integration of sustainability risks and factors in the prudential assessment of assets and liabilities...more

Orrick - Finance 20/20

European Commission Calls on European Parliament and the Council of the EU to Accelerate Work on Completing CMU

Orrick - Finance 20/20 on

On November 28, the European Commission published a communication (COM(2018) 767 final) on the capital markets union (“CMU“). ...more

A&O Shearman

European Commission Proposes Legislative Package on Sustainable Finance

A&O Shearman on

The European Commission has published a package of legislative reforms on sustainable finance. The aim of the package of reforms, which form part of the Commission's broader Capital Markets Union initiative, is to ensure that...more

A&O Shearman

European Commission Publishes Proposal for a Regulation on Sovereign Bond-Backed Securities

A&O Shearman on

The European Commission has published a proposal for a Regulation to provide an enabling framework for a market-led development of Sovereign Bond-Backed Securities, following the publication of an inception impact statement...more

A&O Shearman

European Commission Proposes MiFID II Amendments to Promote SME Growth Markets

A&O Shearman on

The European Commission has published for consultation a draft Delegated Regulation on registration conditions to promote the use of SME Growth Markets for the purposes of the revised Markets in Financial Instruments...more

A&O Shearman

European Commission Proposes Legislation to Promote SME Growth Markets

A&O Shearman on

The European Commission has published a proposal for a Regulation to amend the Market Abuse Regulation and the new Prospectus Regulation. The aim of the proposed Regulation is to promote the use of SME Growth Markets by...more

A&O Shearman

European Securities and Markets Authority Publishes Final Technical Advice under the Prospectus Regulation

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The European Securities and Markets Authority has published its final report on its technical advice to the European Commission to supplement the provisions of the Prospectus Regulation with delegated legislation. The...more

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