The European Securities and Markets Authority (ESMA) has set out to clarify the legislation provisions of the UCITS Directive and the AIFMD around ‘undue costs’. The regulator offered its thoughts in this 33-page document, outlining where it sees room for clarification. “ESMA is of the view that, as a first step, the Commission should clarify […]
The European Supervisory Authorities (ESAs) have issued a joint consultation paper on the Delegated Regulation of the Sustainable Finance Disclosure Regulation (SFDR). The 158-page report – co-written by the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) – contains a raft of proposed […]
‘Advancing the sustainability agenda is crucial, particularly as investor preferences shift to environmentally friendly financial products’
It’s not just property funds that are causing headaches
As long and short-termism rise in financial markets
Rules are bigger challenge for Ucits and MMFs than alternatives says specialist data firm NeoXam
Costs not covered in management fee handled differently by local authorities hindering competition, says Lipper
Agreement signed between the FCA and Esma covers cooperation and exchanges of information in event of ‘worst case scenario’
As hopes for deal hang in balance an increasing number of firms are drawing up plans for cliff-edge exit
UK-based asset managers may have to shift operations to the EU 27 if a transition agreement is not agreed, and Esma is pushing hard to ensure regulatory convergence across the bloc regarding moves.
Part of the Mark Allen Group.
