On 15 February 2023, the European Parliament adopted the regulatory reform of the European long-term investments funds (ELTIFs) regulation to make these ELTIFs more attractive to asset managers and retail investors by facilitating their investments in the real economy and encouraging private capital flows toward more environmentally sustainable investments.
Our new report – What Does 2023 Hold? Key Upcoming Developments and Enforcement Trends covers nine major areas we expect will shape 2023.
QFLP stipulates that foreign exchange funds can be settled in RMB at the fund level and make equity investment in RMB. In other words, foreign exchange settlement will be approved in advance at the time when a QFLP enterprise is set up, instead of when the capital is called.
A Panacea for Sustainable Investing? How AI Can Help Funds Solve the ESG Data Challenge is a new infographic created by Euromoney Thought Leadership Consulting and commissioned by Baker McKenzie, outlining how artificial intelligence presents opportunities, challenges, and other issues for Financial Sponsors, specifically around ESG data. The infographic takes a closer look at how AI is being used for different business functions – covering both strategic and regulatory ESG considerations.
On 29 January 2021, the European Securities and Markets Authority (ESMA) published its final report on draft implementing technical standards (ITS) produced under Articles 5(3), 10(3) and 13(3) of the Regulation on the cross-border distribution of investment funds ((EU) 2019/1156).
The series of briefings, Finding Balance: The Post-COVID Landscape for Financial Institutions, seeks to map the post-pandemic environment that financial institutions need to navigate as we move from resilience and recovery to the business renewal phase.