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ARTICLE · 19 JANUARY 2010

Client Newsletter Winter 2009 – Financial Services

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

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On 30 April 2009, the EU Commission ("EC") published an initial draft of the Directive on Alternative Investment Fund Managers (the "Directive").

IrelandMedia, Telecoms, IT, Entertainment
Karen Jennings
Karen Jennings
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In this issue:-

  • Compromise Proposal Published By The Council Of The European Union On The Draft AIFM Directive
  • UCITS IV
  • Redomiciling Investment Fund To Ireland
  • EU regulation Of Packaged Retail Investment Products
  • European Commission Public Consultation On UCITS Depositaries
  • IFIA And AIMA Launch Revised Guide To Sound Practices For Hedge Fund Administrators
  • The Payment Services Regulations, 2009
  • Lehman's Client Money Ruling

COMPROMISE PROPOSAL PUBLISHED BY THE COUNCIL OF THE EUROPEAN UNION ON THE DRAFT AIFM DIRECTIVE

Introduction

On 30 April 2009, the EU Commission ("EC") published an initial draft of the Directive on Alternative Investment Fund Managers (the "Directive"). Since the publication of the Directive, the provisions of the Directive have been the subject of considerable debate (and criticism) amongst interested parties and have been discussed at numerous meetings of the EU Council working group, most recently under the Swedish

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