The European Fund and Asset Management Association (EFAMA) has welcomed the vote by the European Parliament plenary, formally adopting the trilogue agreement on the Commission's initiative to remove cross-border barriers to the distribution of investment funds.
Irish Funds has welcomed the Central Bank of Ireland’s (CBI) approval for Irish domiciled UCITS and AIFs to invest in the Chinese interbank bond market via Bond Connect.
ACA Compliance Group's Head of Prudential Practice, Michael Chambers, comments on the agreement struck last week by the EU for new prudential rules for investment firms across Europe…
The European Commission is to gain greater powers to oversee the activities of foreign financial firms operating in the European Union – including London-based firms post-Brexit – following an agreement reached late on Tuesday between EU governments and lawmakers.
The Commission de Surveillance du Secteur Financier (CSSF), the financial regulator of Luxembourg, has granted a non-objection to the expansion of Wells Fargo Asset Management Luxembourg’s (WFAML’s) existing license.
The Dutch Authority for Financial Markets (AFM) has granted S&P DJI Netherlands (S&P DJI BV) authorisation as a regulated Dutch benchmark administrator, under the EU benchmark regulation.
Over 100 financial services firms have applied to set-up or extend operations in Ireland in order to access the EU post-Brexit, according to Governor Philip R Lane of the Central Bank of Ireland, and at least half of these are asset management and investment firms.
AFME, in collaboration with nine international organisations and trade associations representing global and European capital markets stakeholders, has published a new report tracking the progress to date of the European Commission’s flagship Capital Markets Union (CMU) project through seven Key Performance Indicators (KPIs).
The Swiss Financial Market Supervisory Authority FINMA has concluded two enforcement procedures against Credit Suisse AG.
New European fixed income ETF provider Tabula Investment Management has launched its first ETF, the Tabula European Performance Credit UCITS ETF, designed to offer passive exposure to European corporate credit.