Regulatory notices
On 15 February 2023, the European Parliament adopted the Regulation amending the ELTIF Regulation (EU) 2015/760.
Following an agreement reached in trilogues on 7 December 2022, the final text modifies:
On 16 February 2023, the French financial markets authority published its revised doctrine following the entry into force of the revised PRIPS regulation on 1 January 2023.
Many instructions have been updated to reflect the introduction of the PRIIPs KID in the marketing of funds.
Adopted by the Commission in last October 2022, the Commission Delegated Regulation COMMISSION DELEGATED REGULATION (EU) 2023/363 of 31 October 2022 amending and correcting the regulatory technical standards laid down in Delegated Regulation (EU) 2022/1288 as regards the content and presentation of information in relation to disclosures in pre-contractual documents and periodic reports for financial products investing in environmentally sustainable economic activities was published on Friday 17 February 2023, one month and a half after the entry into force of the SFDR L2 thus longer than expected and mentioned in our notice of the 3rd of November 2022.
Yesterday, the Council of the European Union adopted the revision of the non-cooperative jurisdictions for tax purposes.
The French financial market supervisor (AMF) published yesterday a proposal for minimum environmental standards for financial products belonging to the Art.9 and 8 categories of the SFDR in the context of the revision of this regulation.
Last Friday 3 February 2023, the FCA addressed a letter to the CEOs of the asset management, custody and fund services as well as alternatives reminding its expectations on the new Customer Duty as well as its relevant implementation deadlines.
On 3 February 2023, ESMA updated its Q&A on the application of the UCITS Directive.
A new question has been added on the General section, in particular on the Question 5 on issuer concentration.
The Belgian Financial securities and Markets Authority published yesterday an update of its supervisory fees for 2023.
On Tuesday 31st of January 2023, ESMA launched a Consultation on the review of the methodology included in the Guidelines on stress test scenarios under the MMF Regulation.