ucits

Blog

How to prove your UCITS Fund is not Index Hugging

With more than 2,000 Irish investment funds facing into Central Bank of Ireland (CBI) investigations to ensure they are not misleading customers about charges and other issues it’s important to ask how these firms can best provide regulators with the … More


Blog

How the new Securitisation Regulation 2017/2402/EU will impact AIFMs and UCITS in 2019.

Regulation (EU) 2017/2402 (Securitisation Regulation) introduces new internal monitoring and reporting challenges for institutional investors. EU AIFMs are already subject to internal monitoring and reporting in relation to securitisation positions under the EU Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD). As … More


Blog

Regulatory Reset: What Irish Funds Need to Know About CP86

By Lorraine Lyons, Business Development Representative For the Irish Fund Management industry in the coming year, one regulatory change stands out: namely the introduction of the Fund Management Companies Guidance, or CP86. This far-reaching set of initiatives has of course … More


Blog, MiFID II:Articles

Internationalization of Regulation – Part II

Recent amendments to the Investment Company Act (ICA) of 1940 have compounded regulatory hurdles for Europe-based hedge funds that conduct business in the United States.  Although hedge funds are typically able to avoid registration with the ICA under 3©1 exemptions, … More


Blog, UCITS

New UCITS risk reporting requirements from the CSSF

On 22 April 2016, the CSSF released instructions on the new reporting template related to the risk and risk management of UCITS funds. The first report must be filed by 16 May 2016. The reporting applies to those UCITS that … More


Blog, UCITS

ESMA consults on different share classes of UCITS

The European Securities and Markets Authority (ESMA) has published a discussion paper on different share classes of UCITS. The UCITS Directive recognises the possibility for UCITS to offer different share classes to investors but it does not prescribe whether, and … More