On November 8 2018, European Supervisory Authorities (ESAs) published a Joint Consultation paper on draft amendments to the Commission Delegated Regulation 2017/653 (RTS) in relation to the PRIIPs Regulation (UE No 2014/1286). This follows the requirement to proceed with a review of the PRIIPs Regulation in 2018 and feedback provided by market participants on the need…

Insight & Opinions
The European Money Market Funds Regulation entered into force on July 21, 2018 and imposes a new set of rules for money market funds after July 2017. This follows extensive discussions between EU regulatory bodies and market participants which concluded with a satisfactory outcome on a large number of topics. However in 2017 ESMA raised…
Luxembourg, 31 October 2018 In advance of the next ECOFIN meeting of November 6th 2018, the General secretariat of the Council has published the state of play of legislative proposals in the field of financial services. The key updates for the asset management + insurance sectors are: Pan-European Pension Products (PEPP): Trilogues have begun –…
On September 3, 2018 the ECON Committee of the European Parliament adopted its final report on the European Commission proposal for Regulation on Pan-European Pension Products (PEPP). This is a major step in providing EU citizens with new options for good-value and safe voluntarily supplementary pensions. The ECON report stems from the discussions held during…
On September 11, 2018, the European Parliament (EP) has adopted a Resolution on relationships between the EU and third countries concerning financial services regulation and supervision. This Resolution results of different legislative works or reports on the functioning of the financial supervision including the revision of the roles of the ESAs on one side and…
InReg Opinion – CSSF Circular 18/698 On 23 August 2018 CSSF published Circular 18/698, a long-waited Circular on the organizational requirements of management companies and AIFMs by the fund industry in Luxembourg. For sure it’s not a coincidence that six days later the CSSF 2017 annual report also underlined a number of deficiencies at management…
Date: 25-26 September 2018 Location: European Convention Center, Luxembourg https://events.alfi.lu/global18/ The annual meeting of the world’s leading fund distribution community. See you there!
Date: 19 Sept 2018 Time: 9.00-11.00 Location: Browns Courtrooms, 82-84 St. Martins Lane, Covent Garden, London, WC2N 4AG The first of our roadshow events where we explore key regulatory issues relevant to our industry. These will be small competency-focused events attended by a mix of industry and policy stakeholders.
On July 18, 2018 Insurance Europe published two position papers on the PRIIPs Regulation, pointing out the implementation challenges faced by insurance companies and calling the European Supervisory Authorities (ESAs) to provide clarifications on specific issues. InReg has followed up with our own White Paper summarising the key elements and offering an overview of possible…