Le blog d'aujourd'hui se concentre sur la Circulaire CSSF concernant les Investment Rule Breaches and NAV errors et les défis que cela pose aux fonds basés au Luxembourg.

Today’s blog focuses on the New CSSF (Commission de Surveillance du Secteur Financier) Circular on Investment Rule Breaches and NAV errors, and the challenges this places on Luxembourg-based funds.

In a significant move that heralds a new era in securities regulation, the U.S. Securities and Exchange Commission (SEC) has amended the reporting rules for beneficial ownership under Sections 13(d) and 13(g) of the Securities Exchange Act of 1934. The amendments, announced in October 2023, bring about substantial changes to the filing deadlines for Schedule 13D and Schedule 13G, marking the first adjustment in nearly half a century.

In this blog, we delve into the details of the SEC's 13G and 13D amendments and analyze how they affect filings.

Compliance officers, finance directors, and chief operations officers were asked to rank their regulatory reporting priorities, revealing streamlining data collection as the top concern, closely followed by accuracy and regulatory updates. This article delves into the importance of these priorities and addresses how the AQMetrics end-to-end regulatory reporting platform provides a comprehensive solution.

This blog sets out the main steps AIFMs need to take over the next twelve months and simply sums up what AIFMs must do to comply with DORA.

With ever-emerging multi-jurisdictional regulations, buy-side firms must continually ensure that they maintain regulatory compliance. This is not always easy to accomplish as buy-side regulations have increased dramatically in scope and speed across the Globe.

New Electronic Money Institutions (EMIs) or Payments Institutions (PIs) in Ireland are oftentimes challenged by the complex landscape of regulatory reporting. To simplify compliance and reduce the regulatory burden on new entrants into the Irish EMI and PI market, AQMetrics technology streamlines reporting obligations and ensures compliance with emerging regulatory changes.

On May 3,  2023, the SEC adopted a final rule amending Form PF. The final rule amendments apply to large hedge fund advisers, having at least $1.5 billion in relevant AUM; private equity fund advisers, having at least $150 million in relevant AUM; and large private equity fund advisers, having at least $2 billion in relevant AUM.

Yesterday, 21st of April, 2023, the Central Bank of Ireland (the “Central Bank”) sent a Dear Chair letter to all Alternative Investment Fund Managers in Ireland. In the Central Bank letter, Darragh Rossi, Head of Division, Funds Supervision Division, set out significant AIFMD reporting changes that the Central Bank will implement in November 2023.

Today, April 14th 2023, the financial services commissioner Mairead McGuinness has published amendments on the interpretation of Regulation (EU) 2019/2088. These amendments seek to clarify how under the sustainable finance disclosures regulation (SFDR) investment products can be sold as "sustainable" to investors after asset managers downgraded many of their funds due to uncertainty over the rules.

With ever-emerging multi-jurisdictional regulations, buy-side firms must continually ensure that they maintain regulatory compliance. This is not always easy to accomplish as buy-side regulations have increased dramatically in scope and speed across the Globe.