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Blockchain Resolution Passed by EU Parliament but GDPR Could Be Weak Link
  • William Fry
  • European Union
  • October 15 2018

In October 2018 the EU Parliament passed a resolution: "Distributed ledger technologies and blockchains: building trust with disintermediation". The


AC Milan Free to Play in Europa League after UEFA Ban Overturned
  • William Fry
  • Global
  • October 12 2018

The Court of Arbitration for Sport (CAS) has partially upheld an appeal by AC Milan against a UEFA ban following the club's breach of UEFA Club


Wanted: "Persons Unknown"
  • William Fry
  • United Kingdom, Ireland
  • October 11 2018

The plaintiff, CMOC Sales & Marketing Ltd, was the victim of a cyber fraud conducted by an unknown cyber attacker. The perpetrators hacked into the


Budget 2019 Increases Data Protection Commission Funding by 3.5 Million
  • William Fry
  • Ireland
  • October 11 2018

This week's Budget 2019 announcement included an increase in funding of 3.5m for the Data Protection Commission (DPC). This allocation brings the


The Trouble With KIDs - ESAs Call for Measures to Avoid Confusing Duplication
  • William Fry
  • European Union
  • October 10 2018

Currently, UCITS (which are required to produce a UCITS KIID under the UCITS Directive) are exempted from producing a PRIIPs KID until at least 31


ESMA Publishes Work Programme for 2019
  • William Fry
  • European Union
  • October 10 2018

On 2 October 2018, ESMA published its 2019 work programme. Four strategic priorities have been identified, namely the promotion of supervisory


AIFMD - Clarification on Cross-border Notifications of Umbrella AIFs
  • William Fry
  • European Union
  • October 10 2018

On 4 October 2018, ESMA updated its AIFMD Q&As regarding cross-border notifications. The new Q&A confirms that an AIFM intending to manage an EU


New Central Bank Rules on UCITS Indices
  • William Fry
  • Ireland
  • October 10 2018

The Central Bank of Ireland (CBI) has introduced a self-certification regime for indices used by UCITS funds. This policy change, which has been


EU Council indicates no objection to Delegated Regulations on Depositaries' Asset Segregation Obligations
  • William Fry
  • European Union
  • October 10 2018

On 2 October 2018, the Council of the EU indicated that it had no objection to the amending delegated regulations adopted by the European Commission


Brexit - ESMA produces soothing sounds on Delegation of Asset Management to UK
  • William Fry
  • United Kingdom, European Union
  • October 10 2018

In his keynote address at the World Federation of Exchanges Annual Meeting in Athens on 3 October 2018, Steven Maijoor, Chair of the European