Client Newsletter Winter 2009 - Financial Services.

Mondaq Business BriefingNbr. 2010, January 2010

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Summary


Briefs - Committee of European Securities Regulators

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Extract


Client Newsletter Winter 2009 - Financial Services.

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...

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