Joanne Huckle’s Post

A huge thank you to everyone who attended the AIMA - The Alternative Investment Management Association Managers Briefing yesterday at the Kroll offices to hear our experts Tammy Li and Warren Low discuss the current state of Market Abuse Surveillance and how to tackle the thorny issue of FICC MAR. Any questions on this or any other Regulatory topic please do not hesitate to reach out. Engage market and sector experts to look through your private markets MARA and create a commercial and practical way to hit your regulatory requirements. #AIMA #Kroll #marketabuse #AIMAevents #Regulations #FCA #Privatemarkets #Privatecredit #directlending #Privateequity #hedgefunds #investments #advisory #compliance

❗ 𝗔 𝗦𝘁𝗲𝗽, 𝗡𝗼𝘁 𝗮 𝗟𝗲𝗮𝗽 - 𝗧𝗵𝗲 𝗞𝗲𝘆 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗕𝗿𝗼𝘂𝗴𝗵𝘁 𝗔𝗯𝗼𝘂𝘁 𝗯𝘆 𝗔𝗜𝗙𝗠𝗗 𝟮.𝟬 AIFMD 2.0, published on 26 March 2024, introduces significant updates to the EU investment funds’ regulatory regime, marking a crucial step in modernizing the legal framework. Read our latest article to 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗮𝗻𝗱 𝘁𝗵𝗲𝗶𝗿 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗮𝘀𝘀𝗲𝘁 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁. ➡️ Learn more: https://lnkd.in/esCeKjZM #MAPSPlatis #Funds #AIFMD #Finance #Financialservices #InvestmentFunds #Regulations #RegulatoryCompliance #AssetManagement

Read my new Article in relation to the new AIFMD 2.0 to soon transpose into domestic regulation.

On October 8, 2024, SEBI issued a circular specifying the legal provisions in relation to which specific due diligence would have to be carried out by AIFs, to ensure that investors do not circumvent such provisions by investing through an AIF. In this tracker, we analyse the enhanced due diligence obligations. #securitieslaws #financialregulations #AIFs #privateequity #investmentfunds

The #SFC's latest circular dovetails squarely with our seminar, #AIMA Hong Kong Fund Manager Briefing: Navigating The Regulatory Minefield: The Fees of The Fund And IM, tomorrow morning. It highlights deficiencies and substandard of conduct of asset managers of private funds and discretionary accounts. This includes receipt of monetary benefits leading to a conflict of interest, which we shall tackle in our talk. I look forward to seeing everyone in the morning and do also stay tuned for our client briefing update on this topic! Securities and Futures Commission (SFC)'s circular: https://lnkd.in/gMYxB2Mp AIMA - The Alternative Investment Management Association event: https://lnkd.in/g6etUiVJ James Wong Katherine Liu Brian Ho Monica JIA Alan Wong #privatefunds #discretionaryaccount #investmentfunds #assetmanagement #FMCC #regulatory #compliance

On 22 November 2024, the Department of Finance launched an 8-week public consultation on the exercise of national discretions under AIFMD II. AIFMD II entered into force earlier this year and must be transposed into national law by 16 April 2026. Our Asset Management and Investment Funds practice group in Ireland have prepared this latest briefing, which also highlights our advisory series exploring key AIFMD II topics. Read more here: https://lnkd.in/eYytTBbk #AIFMD #UCITS Nicholas Blake-Knox, Damien Barnaville, Aongus McCarthy, Emmet Quish, Michael Dyulgerov, Claire Winrow, Jennifer Brady, Eimear O'Flynn, Joe Mitchell

The UK’s Financial Conduct Authority has issued new guidance for hosting #AIFMs to mitigate potential harms to the regulatory hosting model. In this briefing, we highlight the results of the AIFM hosting model review in 2023 and what alternative investment fund managers should do in response to the guidance. Read now: https://lnkd.in/eVshPJWW #Funds #FinancialServices

The wait is over, AIFMD II is Here! ⏰ Directive (EU) 2024/927, also known as AIFMD II, has been published in the #OfficialJournal. This is a significant development for Alternative Investment Fund Managers (#AIFM) and Undertakings for Collective Investment in Transferable Securities (#UCITS) managers in #Luxembourg and across #Europe. What's new? 📢 #AIFMDII introduces changes in several areas, including: 1. Delegation arrangements ✔ 2. Liquidity risk management ✔ 3. Supervisory reporting ✔ 4. Depositary and custody services ✔ 5. Loan origination by AIFs ✔ What's next? ⏭ EU member states now have until April 2026 to implement the directive into national law. Additionally, the European Securities and Markets Authority (#ESMA) will develop further guidance. #InvestmentFunds #Compliance #AIFMD2 #AIF #IQEQ

In the first half of last week, it was a pleasure to have delivered the fourth and final part of a workshop series for the Malta Financial Services Authority (MFSA)'s Financial Supervisors Academy on exploring the complexities of asset management regulation. In the session, we discussed: - Sustainable investing, including approaches to investment and distribution and the EU's evolving regulatory framework; - Fund costs and charges, including the regulation of undue costs; - Other EU investment fund regulation - Industry opportunities and challenges in the future. Thank you to the Malta Financial Services Authority (MFSA), particularly Christopher P. Buttigieg and Aleksandra Dimitrova, for the opportunity to deliver this series of workshops. #assetmanagement #regulation #investmentfunds

🚨Alternative Investment Fund Managers Directive II is out 🚨 Directive (EU) 2024/927 amending AIFMD and UCITSD has been published, impacting delegation arrangements, liquidity risk management, supervisory reporting, depositary services, custody services, and more. Effective 15 April 2024, member states have until 16 April 2026 to transpose it into national law. Certain reporting requirements must be applied by 16 April 2027. Stay informed, read our latest client alert: https://lnkd.in/efw3HqE7 For further information on what these developments mean for your organization, please get in touch with Laurent Fessmann and Catherine Martougin.   Baker McKenzie Baker McKenzie Luxembourg #AIFMD #Funds #EuropeanUnion #Directive #Investment #Luxembourg