Blog

UK and EU regulators are likely to focus on three major areas this year: operational resilience and governance; fund liquidity; and fees. Let’s take a closer look at what it means for your firm.

When does it make sense to outsource? And how do you know you’re getting the most out of your UCITS compliance monitoring solution?

The CSA will be conducted over the course of 2021. Together with the NCAs of the 27 EU Member States, it will take into account ESMA’s Supervisory Briefing on the supervision of costs, published in June 2020, the regulator said.

Earlier in August, the European Commission confirmed that UCITS and AIFM rules will no longer apply to the UK following the conclusion of the transitionary period in December.

The European Securities and Markets Authority (ESMA) last month launched consultations on supervisory fees and derogation for data reporting services providers (DRSPs).

As the EU continues to pursue a capital markets union (CMU), the future and harmonisation of any AIFMD remains a core issue for the European asset management industry.

ESMA published a report warning investment funds with significant exposures to corporate debt and real estate assets of potential future adverse liquidity and valuation shocks.

More and more asset managers are turning to agile specialist technology firms that are capable of maintaining great software solutions.

Following the end of the Brexit transition period on 31 December, UK investment managers will no longer be classified as UCITS. What does this mean in practice?

Nora Grendon, AQMETRICS Head of Human Resources, recently took time out to describe her role – and why finding talent even during a global crisis is at the fore of AQMETRICS human strategy agenda.

  Welcome to AQMetrics regulatory round-up, a monthly initiative that keeps readers abreast of all the latest regulatory news and events.   Firms and regulators may be gearing up for ESMA’s Liquidity Stress Test regulations later in September, but August was still a relatively busy...

ESMA recently published a consultation paper on outsourcing to cloud service providers, which included a number of proposed guidelines.

AQMETRICS Regulatory Roundup July 2020

The new guidelines are aimed at helping ‘firms and competent authorities identify, address and monitor the risks and challenges that arise from cloud outsourcing arrangement’.

Coming into force from June 2021, the guidelines are likely to apply to all ESMA regulated entities, including AIFMs, UCITS and investment firms.

The plan would see relevant funds’ redemption requests ‘received and recorded, then processed at the end of the notice period,’ the watchdog said, with the final redemption price taking place at the end of the notice period.

There’s been no shortage of financial regulations since 2008 and, if 2020 is anything to go by, there’s likely to be no let up any time soon either.

The month of June capped off an extremely busy first half for regulators, with the Covid-19 crisis taking centre stage for much of H1.

Last month, ESMA released its final guidelines on the Markets in Financial Instruments Directive (MiFID II) compliance function.

Here are the top tips from AQMETRICS’ head of customer success, Cathal Connolly, to help operational teams get through their bi-annual reporting this July.