Category: Regulation

ESMA bond liquidity data
February 13, 2017 BY Valentina Kirilova

ESMA issues an opinion on share classes of UCITS

On 30 January 2017, ESMA has issued an Opinion, addressed to national regulators in order to ensure a harmonised approach across the EU, in which it sets out the following four high-level principles which UCITS must follow when setting up different share classes: common investment objective; non-contagion; pre-determination; and transparency. It should be noted that…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
February 13, 2017 BY Valentina Kirilova

IOSCO recognises ADGM as fully compliant with international standards of cooperation and enforcement

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has become a full signatory of the IOSCO Multilateral Memorandum of Understanding (MMoU) after the IOSCO team of international experts assessed ADGM as fully compliant with the international benchmark for effective cross-border cooperation. The IOSCO MMoU provides a global framework for enforcement co-operation…

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