Funds & asset management

Reports, news and data relating to the funds & asset management sector.

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Status:

The Alternative Investment Fund Managers Directive (AIFMD) entered into force on 21 July 2011 and had to be transposed into member state law by 22 July 2013. In most cases it was also to be effective from this date. Certain AIFMs were allowed a transitional period, lasting up to 22 July 2014, in which to seek the necessary variation of permission, authorisation or registration prior to implementation. The Directive is now fully in effect and in force. In March 2016, ESMA published Final Remuneration Guidelines for UCITS and AIFMD.

Latest Reports

  • Derivatives image

    Investment Funds is a highly specialist area, with a complex web of regulation and taxation, as well its own jargon, that can bewilder to those new to the industry. The CMS Funds Group’s ‘Introduction to Funds’ training programme is an ideal way of demystifying Investment Funds either for new joiners ...

  • Glass sky

    Will Dibble (CMS Partner, UK) and Michael Cavers (CMS Partner, UK) held a seminar on PRIIPs Key Information Document requirements.

    Please click on the link in the title to download the PDF version of the seminar slides.

  • Stylus chart

    Who, what and why? On 24 March 2017, CMS held a round table discussion to gauge the industry’s views on the FCA’s discussion paper on illiquid assets and open-ended funds[1]. We were joined by a variety of senior figures from the funds world, including fund management houses, INREV, the Investment ...

  • Building, Paris

    French law on bond issues has finally been modernised, with a simplification of its legal framework (1.), the "cleaning up" of the provisions of the French Commercial Code relating to the masse (2.) and the enshrinement in the French Monetary and Financial Code of the possibility for the issuer and ...

  • Frankfurt, Germany

    Circular 3/2017 (GW) provides updated guidelines regarding the use of video identification procedures which come into force in Mid-June 2017. After several changes of the guidelines regarding video identification procedures, the German financial supervisory authority ("BaFin") has published new provisions regarding customer identification (KYC) via video transmission in their Circular ...

See more reports

Agency Database

  • Alternative Investment Management Association (AIMA)
    Term:
    Alternative Investment Management Association (AIMA)
    Other Names:
    Definition:
    Area:
    Funds And Asset Management
    Type:
    Trade Association
    Country:
    International
    URL:
    http://www.aima.org/
  • Austrian National Bank
    Term:
    Austrian National Bank
    Other Names:
    Oesterreichische Nationalbank (ONB/OeNB)
    Definition:
    Contributes on a stability-oriented monetary policy; safeguards financial sability; provides general public and the busines community with high quality cash. The competent authority for the authorisation and supervision of payment institutions (article 20).
    Area:
    Banking
    Type:
    Regulator
    Country:
    Austria
    URL:
    http://www.oenb.at/en/
  • Bank of France
    Term:
    Bank of France
    Other Names:
    Banque de France
    Definition:
    Monitors and regulates the banking market. Competent authority for the authorisation and supervision of payment institutions (specifically within the Bank La comité des établissements de credit et des entreprises d'investissement and La Commission bancaire).
    Area:
    Banking
    Type:
    Regulator
    Country:
    France
    URL:
    http://www.banque-france.fr/accueil.html
  • Bank of Greece
    Term:
    Bank of Greece
    Other Names:
    Definition:
    Responsible for implementing the Eurosystem's monetary policy in Greece and safeguarding the stability of the Greek financial system.The competent authority for the authorization and supervision of payment institutions.
    Area:
    Banking
    Type:
    Regulator
    Country:
    Greece
    URL:
    http://www.bankofgreece.gr/Pages/en/default.aspx
  • Bank of Italy
    Term:
    Bank of Italy
    Other Names:
    Banca d’Italia
    Definition:
    Central bank: banking and financial supervision. The competent authority for the authorisation and supervision of payment institutions (article 20).
    Area:
    Banking
    Type:
    Regulator
    Country:
    Italy
    URL:
    http://www.bancaditalia.it/;internal&action=_setlanguage.action?LANGUAGE=en
  • Bank of Portugal
    Term:
    Bank of Portugal
    Other Names:
    Banco de Portugal
    Definition:
    Area:
    Banking
    Type:
    Regulator
    Country:
    Portugal
    URL:
    http://www.bportugal.pt/en-US/Pages/inicio.aspx
  • Bank of Spain
    Term:
    Bank of Spain
    Other Names:
    Banco de Espana
    Definition:
    Central bank. The competent authority for the supervision of payment institutions (note the competent authority for the authorization of payment institutions is the Spanish Ministry of Finance).
    Area:
    Banking
    Type:
    Regulator
    Country:
    Spain
    URL:
    http://www.bde.es/bde/en/
  • Bulgarian National Bank
    Term:
    Bulgarian National Bank
    Other Names:
    BNB
    Definition:
    Regulates and supervises other banks' activities for the purpose of ensuring the stability of the banking system and protecting depositors' interests. The competent authority for the authorisation and supervision of payment institutions.
    Area:
    Banking
    Type:
    Regulator
    Country:
    Bulgaria
    URL:
    http://www.bnb.bg/?toLang=_EN

Future Dates

* Estimated date

  • 31 May 2017

    Deadline for responses to DWP consultation on early exit charges in relation to occupational pension schemes.

  • *Early 2017

    FCA aims to publish it's Final report on Conflicts of Interest in Asset Management.

  • 1 June 2017

    Deadline for responses to FCA's consultation paper (CP17/5) on improving the range of information in the UK equity IPO process.