A&L Goodbody
Investment Funds Newsletter
December 2009 
A&L Goodbody

The Front Page

December 2009

 

Welcome to The Front Page

This is our monthly bulletin on the latest developments in mutual funds and collective investment schemes within Ireland and the EU. For further information on any of the topics covered please

e-mail funds@algoodbody.ie

 

To find out more about our Investment Funds practice, please click here.


 

Practice Developments

  1. New Irish Legislation will enable Fund Companies to Migrate into Ireland

  2. Tax Authorities are looking closely at residency issues

  3. Encouraging Budgetary Indicators

  4. The Financial Regulator has extended the list of permitted collateral, whereby a UCITS may reduce its OTC counterparty risk exposure, to now include equity securities traded on certain stock exchanges

  5. The Financial Regulator has extended its list of the eligible investments in which UCITS and non UCITS may invest 100% of their assets

  6. The Financial Regulator has removed its requirement that a Fund be audited when it changes custodian or administrator

  7. New reporting obligations for Irish companies: The Company Reporting Directive 2006/46/EC

  8. ISE requirements for the listing of dormant classes have been amended

Read more.....

 



EU and International Developments

  1. CESR issues its advice on UCITS mergers, master-feeder structures, cross-border notifications as well as KID calculation methodologies
  2. EU Commission update on its work on packaged retail investment products
  3. OECD publishes discussion document on treaty benefits and collective investment vehicles
  4. European Council agreement for new supervisory authorities for financial services
  5. AIM Directive Update

Read more....

 

 

Irish Financial Services Regulatory Authority

 

9 new platforms and 67 new funds were authorised by the Financial Regulator in November, 2009.

 

Read more...

 

 

 

 

Other Newsletters:

 

 - Knowledge Weekly Bulletin

 

 - Financial Services Regulation Newsletter

 

 

Please click here for a print friendly version. 

 

 



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Disclaimer: The contents of this Newsletter are necessarily expressed in broad terms and limited to general information rather than detailed analyses or legal advice. Specialist professional advice should always be obtained to address legal and other issues arising in specific contexts. Copyright A&L Goodbody 2009
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