Statute
UCITS Directive
74 published works
Global Regulation Tomorrow
ESMA speech – Priorities for European asset management: simplification, innovation, resilience and trust
By Simon Lovegrove (UK), Claire Guilbert
On 12 June 2026, the European Securities and Markets Authority (ESMA) published a speech by its chair, Verena Ross, entitled Priorities for European asset management: simplification, innovation, resilience and trust.…
Global Regulation Tomorrow
ESMA reports on the simplification of EU reporting frameworks for funds and transactions
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 4 May 2026, the European Securities and Markets Authority (ESMA) issued: Final Report on the integrated collection of funds’ data. The Final Report has been submitted to the European…
Global Regulation Tomorrow
AIFMD & UCITS Directive — New obligations for fund managers from 16 April 2026
By Claire Guilbert, Simon Lovegrove (UK)
16 April 2026 marks the transposition deadline for AIFMD II (Directive (EU) 2024/927) which amends both the existing AIFMD (Directive 2011/61/EU) and the UCITS Directive (Directive 2009/65/EC) and harmonises rules…
Global Regulation Tomorrow
Published in OJ – Commission Delegated Regulation (EU) 2026/466 of 17 November 2025 supplementing UCITS Directive specifying the characteristics of liquidity management tools
By Simon Lovegrove (UK), Charlotte Carnegie
On 27 February 2026, there was published in the Official Journal of the European Union (OJ), Commission Delegated regulation (EU) 2026/466 of 17 November 2025 supplementing the Undertakings for Collective…
Global Regulation Tomorrow
Retail investment strategy: Council and Parliament agree on package to empower consumers while boosting markets
On 18 December 2025, the European Parliament and the Council of the EU issued press releases stating that they have come to an informal agreement regarding the Retail Investment Strategy…
Global Investment Watch
Europe: ESMA’s Draft RTS on Open-Ended Loan-Originating AIFs-AIFMD II in Practice
By: Susanna Güven and Mathieu Volckrick On 21 October 2025, the European Securities and Markets Authority (ESMA) published its draft Regulatory Technical Standards (RTS) on open-ended loan-originating alternative investment funds…
Global Investment Watch
Europe: European Commission Delays “Non-Essential” Level 2 Measures Concerning AIFMD II and the UCITS Review
By: Gayle Bowen, Shane Geraghty, Mathieu Volckrick, and Dr. Philipp Riedl In a letter dated 1 October 2025, the European Commission has announced that it will not adopt any non-essential…
Banking, Finance and Securities
ESMA Discussion Paper on the integrated collection of funds’ data
On 23 June 2025, the European Securities and Markets Authority (ESMA) launched a Discussion Paper on the integrated collection of funds’ data. Background Directive 2024/927 amending the Alternative Investment Fund…
Global Regulation Tomorrow
AIFMD 2: Quick guide to Member State activity
By Claire Guilbert, Simon Lovegrove (UK), Michael Born (DE), Frank Herring, Sebastien Praicheux, Agnieszka Braciszewska, Maria Beatrice Gilesi (IT), Flupke van den Bogart, Hannah Meakin (UK)
AIFMD 2: Quick guide to Member State activity On 26 March 2024, the final legislative text of the Alternative Investment Fund Managers Directive 2 (AIFMD 2) was published in the…
Banking, Finance and Securities
ESMA publishes draft RTS and final guidelines on liquidity management tools
By Anita Edwards, Simon Lovegrove (UK)
On 15 April 2025, the European Securities and Markets Authority (ESMA) published draft regulatory technical standards (RTS) and a final report on its guidelines on liquidity management tools (LMTs). Background…