​Directive 2014/91/EU of 23 July 2014 on UCITS as regards depositary functions, remuneration policies and sanctions (“UCITS V Directive”) must be implemented by 18 March 2016. The UCITS V Directive clarifies the functions and liabilities of UCITS depositaries, provides the parameters for remuneration policies for UCITS management companies in order to limit excessive risk taking, and harmonises minimum administrative sanctions in respect of breaches of national provisions.

To read the full newsflash, please click on the link below.

Contacts

Isabelle Lebbe

Isabelle Lebbe is a Partner in the Investment Management practice of Arendt & Medernach. She specialises in a wide range of investment funds with a focus on regulated funds. She advises clients on the corporate, regulatory and tax aspects of the creation, marketing and operation of investment funds and management entities. Isabelle also works with her colleagues in the litigation team on regulatory complaints and judicial proceedings involving regulated funds or their service providers. She has been a member of the Luxembourg Bar since 1999. Isabelle is a regular conference speaker. She is a chairman or member of a number of committees and sub-committees established by the Association of the...

PARTNER

YOU MIGHT ALSO WANT TO DISCOVER

15/10/2019
Budget 2020: advance tax confirmations granted before 1 January 2015 no longer binding

On 14 October 2019, the Luxembourg government filed the 2020 budget bill with the Luxembourg parliament.

Read More_
Corporate Governance and liabilities of the management body
Understanding Securitisation
enhance
your
experience
unfortunately, you can not personnalize your browsing on this page

Would you like to configure your browsing experience at arendt.com?

Let us know your profile and favourite topics

You are

Banking and Financial Services

Fund Industry

Private Clients
Private Sector

Public Sector