Details

Service: Audit, Advisory
Industry: Financial Services
Type: Business and industry issue, Regulatory update
Date: 7/31/2011

Fund News July 2011

Investment fund regulatory and tax developments in selected jurisdictions.

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July 2011 Fund News

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Regulatory Content

European Union

ESMA published draft rules for Alternative Investment Fund Managers
ESMA Discussion paper on guidelines for UCITS Exchange-Traded Funds (ETFs) and Structured UCITS
European Commission public consultation on Promoting Social Investment Funds

France

Transposition of UCITS IV

Ireland

AML - Changes in record-keeping rules
Strategy for International Financial Services Industry 2011-16

Luxembourg

Additional guidelines on new UCITS IV notification regime

Switzerland

Partial revision of the Collective Investment Schemes Act

Tax Content

Germany

Extension of deadline for the classification as foreign investment funds according to the German Investment Tax Act

Luxembourg

Double Tax Treaty Update

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