05/08/2015

​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. In addition to advisory activities, Isabelle launched and supervises Arendt Institute, Arendt’s learning organisation which provides open courses through training agendas, digital modules and dedicated training programmes designed to meet the specific context of clients’ organisations. Isabelle also leads the diversity and sustainability initiatives within the Arendt Group...

PARTNER

YOU MIGHT ALSO WANT TO DISCOVER

26/10/2021
New taxonomy-related disclosures RTS published

Despite the delay to Level II[1] announced by the European Commission (“EC”) at the beginning of the summer 2021, the last few months have been busy for sustainable finance!

Read More_