Sponsored forum: AIFMD
Issuers of structured products may not have enough time to rewrite their programmes before the grandfathering provision of the Prospectus Directive runs out, say lawyers
A proposed ban on the promotion of Unregulated Collective Investment Schemes and ‘similar products', drafted by the UK's Financial Services Authority, will include some structured products issued by special purpose vehicles
Sellers of Ucits products in the UK now have until 2014 to apply for permission to provide the key investor information document after a transaction is completed rather than before
Back to the drachma?
A bespoke route
A new fraud-fighting body is being created as part of the UK government’s shake-up of financial regulation. Some welcome the proposed Economic Crime Agency, saying its integrated approach is just what is needed. Others worry valuable aspects of the...
Lawyers say decree appears limited
Market participants have expressed support for the European Commission's communication on over-the-counter derivatives, published on July 3, but called for more solid research on some of the policy proposals in the report.