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ARTICLE · 29 JULY 2019

Global Registration Services – Market Update Q2 2019

Maples Group
Maples Group
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Maples Group

Maples Group

The Maples Group, through its leading international law firm, Maples and Calder, advises global...

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Emma Conaty and Erin Meehan provide a global update on issues affecting the cross border marketing and distribution of investment funds.

GlobalFinance and Banking

Brexit

FCA extension to the UK TPR deadline

On 24 May 2019 the FCA confirmed that they would be again extending the deadline for notifications for the temporary permissions regime ("TPR") to close of business on 30 October 2019. Fund managers who have already submitted TPR notifications may make updates to their notifications by emailing [email protected] by no later than the end of 16 October 2019 to confirm this and include the relevant FRN.

Europe

Proposals adopted for cross-border distribution of investment funds

Our client update from 14 June 2019 outlined important new EU developments relating to the cross-border distribution of investment funds under the Capital Markets Union ("CMU"). The EU has finalised new rules to facilitate and encourage cross-border fund distribution by removing regulatory barriers and improving cost efficiency. It is also intended to allow EU AIFMs to test market interest in an EU jurisdiction before incurring

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