Preparation for entry into force of the Taxonomy
Regulation
Preparation for entry into force of periodic reporting
obligations and Level 2 Measures under the SFDR
The Cross Border Distribution Regulation sets down specific
conditions that all marketing communications addressed to investors
must comply with. These include an obligation to ensure that all
information contained in marketing communications is fair, clear
and not misleading and does not contradict or diminish the
significance of information contained in the fund prospectus. They
must also provide investors with a hyperlink to a summary of
investor rights. Marketing communications
18 will
also need to comply with ESMA s finalised guidelines on
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In this issue we consider a number of recent Central Bank
updates including some of its post-Brexit requirements for UK
Investment Managers and UK AIFMs, its recent consultations on
performance fees and on changes to the AIF rulebook in relation to
permissible features of closed-ended AIFs, and some clarifications
for unit trust funds in respect of their central register filings.
We also note the passing of the Investment Limited Partnerships
(Amendment) Bill and consider the implications for investment funds
following the Central Bank s thematic inspections on Fitness