Luxembourg

Luxembourg Regulation: Highlights October 2018

Luxembourg is emerging as a key investment jurisdiction for asset managers, especially with the possibility of a hard Brexit looming. As it jostles with Ireland for poll position as the fund domicile jurisdiction of choice in the EU, reports suggest that the number of people working in the Luxembourg investment industry grew by 10 percent…

Regulation hammer

October 2018: Regulatory Update

The financial crisis in 2008 saw regulators around the globe agreeing on some commonly shared aims to enhance the integrity of the markets and mitigate risks for governments and consumers. What we have seen over the past couple of years is a parting of ways and certainly a more fragmented approach to regulation across the…

Hammer

July 2018: Regulatory Update

On July 5, 2016, the European Commission released a fifth revision of the Anti-Money Laundering Directive (“5th AML Directive” or “5AMLD”). The latest revision adds weight to the Commission’s ongoing battle to strengthen protocols in the fight against money laundering and terrorist financing.

Hammer

June 2018: REGULATORY UPDATE

GDPR – Legal Footprint of Data Protection Laws GDPR has been one of the most widely talked about regulations in recent times. Contested and examined for hours amongst business owners, lawyers and consumers alike. Interpretations have differed widely but what is now undisputable, is the legal requirement to comply. As of May 25, GDPR became a…

Apex Regulatory Update

FEBRUARY 2018: REGULATORY UPDATE

Apex’s Regulatory Update covers global standards and directives affecting fund managers across all jurisdictions – read the latest on regulation and compliance in your geography. This update includes updates on regional GDPR activity and MiFID II requirements/changes.

Apex Regulatory Update

APEX REGULATORY UPDATE: OCTOBER 2017

Apex’s Regulatory Update covers global standards and directives affecting fund managers across all jurisdictions – read the latest on regulation and compliance in your geography. This update includes information GDPR, Anti-Money Laundering Regulations and how to best manage these risks.

Regulation hammer

APEX REGULATORY UPDATE: JULY 2017

Regulation 2015/847 | Revised Wire Transfer Regulation An updated anti-money laundering and counter-terrorism financing framework came into effect in the European Union (EU) on June 26, 2017; including the fourth Anti-Money Laundering Directive (AMLD4) and the revised Wire Transfer Regulation (WTR2). In line with the Financial Action Task Force’s (“FAFT”) Special Recommendation VII, (“SR VII”) which…

Regulation hammer

APEX REGULATORY UPDATE: MAY 2017

EU Benchmark Regulation: From the 1st January 2018, a new EU Benchmark Regulation (“BMR”) will apply to financial markets. BMR introduces a common framework to ensure the accuracy and integrity of indices used as ‘benchmarks’ in financial instruments, financial contracts, or to measure the performance of investment funds in the Union. This Regulation thereby contributes…