A recurring refrain from the champions of cryptocurrency is that global regulators simply “don’t get it.” However, regulators have allocated significant resources to their assessment of the ever-evolving cryptocurrency landscape and to date have shown deep technical understanding as well … Continue reading Regulators Dive Deep into Stablecoin
Regulatory scrutiny of mutual fund liquidity has been an ongoing area of focus for several years now. Regulators have already put exchange traded funds (ETFs) and money market funds (MMFs) under their microscope, but they are now intensifying that scrutiny … Continue reading New ESMA Fund Stress Tests Aim to Soothe Investor Liquidity Concerns
Once a relatively niche product, sustainable investment funds have proliferated globally in the last couple of years, with new funds springing up almost daily. According to the Global Sustainable Investment Alliance, there are now more than $30 trillion in assets … Continue reading UN PRI Revamp Marks Another Step Toward Mandatory ESG Requirements
In January 2018, one of the most ambitious and wide-ranging financial market regulatory reforms ever conceived was implemented: the Markets in Financial Instruments Directive (MiFID II). MiFID II is a European regulation with significant consequences beyond the EU’s borders. Much … Continue reading 5 Minute Madness: How MiFID II Reporting Changed European Trading Patterns
Renowned US economist Milton Friedman once famously declared that public companies exist solely to serve their shareholders. Last week, Friedman may have been rolling in his grave. The CEOs of the 192 largest public corporations in the US delivered a … Continue reading Short-Termism: Regulators Assess Investment Horizons
Assets invested in UCITS funds hit a record high in June of this year, pushing past the €10 trillion mark across more than 90 countries. Despite their continued growth, UCITS have faced several regulatory headwinds including scrutiny on liquidity issues, … Continue reading ESMA Performance Fee Review: Recalibration of UCITS’ Well-Oiled Machine