Asset Management

• AIFMD: Annex IV reporting for Q1 2015 - important update re Belgium and Luxembourg

  Article

  Submitted: 13 April 2015

  The Belgian and Luxembourg regulators are requiring US and other non-EU alternative investment fund managers (non-EU AIFMs) to make "Annex IV" reports in respect of master funds if one or more of that master fund's feeder funds are marketed in Belgium and Luxembourg, respectively.

• New opportunity for UCITS Managers targeting Retail Investors in Italy

  Article

  Submitted: 14 November 2014

  Borsa Italiana has launched a new segment dedicated to trading of UCITS funds which will offer an alternative way for managers to make products available to investors in Italy.

• French withholding tax on distributions to non resident UCITS contrary to EU law

  Article

  Submitted: 10 May 2012

  The ECJ has confirmed that French withholding tax levied on foreign UCITS was contrary to the free movement of capital, since France exempted domestic UCITS from tax, opening the way to claims for repayment by funds located both in and outside the EU.

• UCITS IV summary: European update

  Article

  Last Reviewed: 15 July 2011 / Submitted: 15 July 2011

  UCITS IV was due to be implemented in European Member States by 01 July 2011. We have created an overview of the current stages of implementation within seven key European jurisdictions in addition to a summary implementation tracker table.