ECON Committee of the EU Parliament adopted report on EU’s main fund rules, AIFMD and UCITS Directive, ahead of trilogue negotiations with EU Council and Commission to begin in March. Directives expected to come into force in 2025 in light of 24 months transposition period.
FCA published discussion paper on improving UK asset management regime. Themes include international standard alignment, clear regimes for retail funds and professional funds, technology and innovation, desire for common framework for UK UCITS, AIFMs, portfolio managers.
Kneip, a leader in fund data management and reporting solutions for the asset management industry, announces that Cetrel Securities, a subsidiary of Worldline