The Academy

  • Eversheds Sutherland Country Update – May 2017

    On 24 May 2017, the European Securities and Markets Authority (ESMA) issued an updated version of its Q&A on the application of the Alternative Investment Fund Managers Directive (AIFMD Q&A) and the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS Q&A). The AIFMD Q&As included three new questions Read More
  • Eversheds Sutherland Country Update - April 2017

    Following the review, the CBI published a letter to the CEOs of administrators on 7 March 2017, setting out their observations and recommendations for best practice. On 8 March 2017, the European Commission adopted a Commission Delegated Regulation, including annexes (PRIIPs RTS), supplementing the regulation on key information documents (KIDs) Read More
  • Eversheds Sutherland Country Update - March 2017

    In July 2013, the Central Bank of Ireland (CBI) issued requirements on the outsourcing of fund administrative activities. During the first half of 2016, the CBI comprehensively reviewed outsourcing arrangements Irish regulated fund administrators had in place. The review covered two main areas; the extent to which administrators outsource activities Read More
  • Eversheds Sutherland Country Update - February 2017

    Cyprus and India have signed a new double tax treaty which entered into force on 14 December 2016. The provisions therein have been effective in Cyprus since 1 January 2017 and in India as of 1 April 2017. The treaty is expected to increase the use of Cyprus as a Read More
  • Eversheds Sutherland Country Update - January 2017

    ESMA consults on draft RTS on package orders under MiFID II  On 10 November 2016, the European Securities and Markets Authority (ESMA) published a consultation paper (ESMA/2016/1562) on draft regulatory technical standards (RTS) on the treatment of package orders under Article 9(6) of the Markets in Financial Instruments Regulation (Regulation Read More
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