Gavin Haran

Apr 29, 2024 | lexology.com | Lora Froud |Alexandra Green |Michael Sholem |Gavin Haran

Welcome to the latest edition of our investment management update. This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector. UKThe Transition Finance Market Review (TFMR), a government-initiated independent review, has issued a call for evidence on how to make the UK a global hub for transition finance.

Mar 26, 2024 | blog.macfarlanes.com | Samuel Brooks |Michael Sholem |Gavin Haran

The final legislative text of the Alternative Investment Fund Managers Directive II (AIFMD II) was published today in the EU’s Official Journal. The publication marks the conclusion of the AIFMD Review process that formally began in 2020, however, there remain some outstanding rules to be finalised and managers have a transition period to comply with the new rules. What does the final legislation contain? The AIFMD II legislation comprises a series of amendments to the original AIFMD text.

Mar 26, 2024 | lexology.com | Michael Sholem |Gavin Haran

The final legislative text of the Alternative Investment Fund Managers Directive II (AIFMD II) was published today in the EU’s Official Journal. The publication marks the conclusion of the AIFMD Review process that formally began in 2020, however, there remain some outstanding rules to be finalised and managers have a transition period to comply with the new rules. What does the final legislation contain? The AIFMD II legislation comprises a series of amendments to the original AIFMD text.

Mar 18, 2024 | blog.macfarlanes.com | Harriet Miller |Gavin Haran

On 1 March 2024, the FCA published a letter to CEOs of asset managers and alternatives firms, outlining its supervisory and regulatory priorities for the year. As part of its update, the FCA confirmed that it will pursue reforms to the UK’s onshored AIFMD regulations. The FCA is required to review all onshored EU financial services legislation under the Financial Services and Markets Act 2023, a process that it calls the “Smarter Regulatory Framework”.

Mar 18, 2024 | lexology.com | Harriet Miller |Gavin Haran

On 1 March 2024, the FCA published a letter to CEOs of asset managers and alternatives firms, outlining its supervisory and regulatory priorities for the year. As part of its update, the FCA confirmed that it will pursue reforms to the UK’s onshored AIFMD regulations. The FCA is required to review all onshored EU financial services legislation under the Financial Services and Markets Act 2023, a process that it calls the “Smarter Regulatory Framework”.