Investment Funds Update - Europe

Legal and regulatory updates for the funds industry from the key asset management centres and primary European fund domiciles

March 2016 - Issue 6


  • AMF Doctrine – Direct Lending by French Funds
  • AMF Doctrine – TRACFIN Requirements
  • MiFID 2 Implementation
  • PRIIPs - Update of the AMF General Regulations


  • General Administrative Act to Ensure Legal Certainty for Netting Agreements in the Scope of German Insolvency Law
  • BaFin Suspicious Transaction Order Reporting
  • Latest Investment Fund Statistics for Germany


  • Central Bank Statement on Brexit
  • Central Bank Publishes Amended UCITS Regulations
  • CP86 Update
  • Central Bank Issues Revised Market Abuse Rules and Guidance
  • Anti-Money Laundering Update
  • Investor Money Regulations Update


  • Updated CSSF AIFM FAQ
  • Risk Management - A Key Component of Asset Managers’ Governance Framework
  • CSSF Issues Press Release on the Global Situation of UCIs and SIFs
  • CSSF Newsletters – May and June 2016


  • Brexit: UK Votes to Leave EU
  • FCA Consults on a New Wind-Down Planning Guide
  • FCA Consults on Further Changes to Implement UCITS V and the SFT Regulation


  • AIFMD – ESMA Updates Q&A on the Application of the AIFMD
  • EMIR - Latest Developments
  • MiFID II – Regulatory Technical Standards on Ancillary Activity, Derivatives Trading and Best Execution
  • Consultation on Cross-Border Distribution of Investment Funds and Draft Regulatory Technical Standards under the ELTIF Regulation