“To be, or not to be, that is the question.” Hamlet, William Shakespeare In Part 1, we touched on the ongoing debate about what is and what may not be an exchange-traded fund (ETF), but the focus on naming conventions … Continue reading The Name Game (Part 2): Will the SEC Recast US Fund Names?
Since the onset of the COVID-19 pandemic, global regulators have granted several targeted and temporary reliefs to certain regulatory implementation deadlines. One recently announced delay comes in the shape of a proposed deferral for the EU’s Sixth Directive on Administrative … Continue reading Potential DAC6 Delay: A Short Breather Before Dash to Finish Line
What’s in a name indeed. Does a name truly define the substance of an object? Or, as the great bard suggests, is a name simply a label which distinguishes one thing from another without enhancing its worth or meaning? Not … Continue reading The Name Game (Part 1): What Makes an ETF an ETF?
Earlier this year, we flagged certain pending amendments relating to the Japanese Foreign Exchange and Foreign Trade Act (FETFA). After several months of deliberation, the final rules were recently published and they grant some respite to managers of ‘40 Act … Continue reading Asset Managers Thrown a FEFTA Comfort Blanket
It appears that in the world of anti-money laundering (AML) regulation, developments are rolling along relentlessly — pandemic or not. For many years, global regulators were hyper focused on raising the bar on the prevention of money laundering and terrorist … Continue reading EU Comes Out Swinging on Anti-Money Laundering
A lot of water has passed under the bridge since the Markets In Financial Instruments Directive (MiFID II) was implemented at the start of 2018. The sheer scale and scope of MiFID II implementation sent shockwaves across the EU’s capital … Continue reading MiFID II: Fragmented EU Distribution Rules Bubble Up Again