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Key Regulatory Topics: Weekly Update 19 May - 25 May 2023 | Allen & Overy LLP

Adoption of the European Commission s retail investment strategy | Walkers

Central Bank s Dear CEO Letter Highlights Areas of Concern on How Fund Managers Calculate Costs and Fees | K&L Gates LLP

On 24 March, the Central Bank of Ireland (the Central Bank) issued a “Dear Chair” letter (the Letter) following its review in 2021 of the costs and fees charged to undertakings for.

Areas of Concern on How Fund Managers Calculate Costs and Fees

Despite the focus being on UCITS FMCs, the Central Bank specifically emphasized that it will expect its findings and actions to be considered by Irish alternative investment fund managers AIFMs with reference to alternative investment funds under management.

ESMA publishes latest edition of its Newsletter

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its latest edition of its Spotlight on Markets Newsletter.

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