Category: AIFMD
EMIR 2.0- indirect, possibly unintended, certainly consequential
Published in the OJ on 28 May, EMIR Refit entered into force on 17 June. Aimed at simplifying requirements and making obligations on smaller counterparties more proportionate, the Regulation is comprehensively summarised here. This short note focusses on one aspect of EMIR Refit’s key changes- its expansion of the scope comprised by “financial counterparty”. “Financial […]
AIFMD Q&A- better late than never
ESMA has published a major update to its Q&A document on the application of the Alternative Investment Managers Directive (AIFMD). The Q&A specifically pertains to: the reporting obligations to national competent authorities the obligations for depositaries and the calculation of leverage The AIFMD was transposed into UK law a year ago, 22 July […]