Luxembourg Publishes Draft Law on DAC 6
This directive is the latest effort by the EU to increase tax transparency and information exchange.20 Aug 2019
Highlight
Fund Governance in Harmony - Professional Independent Trustees and Institutional Meeting Support
A robust corporate governance framework and independent oversight for investment funds has become paramount as investors continue to demand higher governance standards and greater transparency.20 Aug 2019
Luxembourg Publishes Draft Law for ATAD 2 Expanding Anti-hybrid Rules
ATAD 2 follows ATAD 1 in extending the anti- hybrid mismatch provisions on hybrid instruments to countries outside the European Union, as well as extending the anti-hybrid rules to apply to certain hybrid entities.20 Aug 2019
Fitness and Probity in the Central Bank of Ireland's Crosshairs
Throughout 2019, the Central Bank of Ireland has been turning up the dial on the need for Regulated Financial Service Providers to adhere to its fitness and probity regime.16 Aug 2019
Cayman Islands Introduces Data Protection Law
The Cayman Islands' Data Protection Law is currently due to come into force on 30 September 2019.13 Aug 2019
Central Bank Highlights Liquidity Management Obligations
The Central Bank of Ireland ("CBI") issued a letter to all fund management companies on 7 August 2019 ("Letter") with a timely reminder of their ongoing obligations regarding liquidity management and compliance with legislative and regulatory obligations for UCITS and AIFs. This is in the context of the CBI's continuing engagement with industry on Brexit preparedness, and it stated it will have regard to the Letter as part of its future supervisory engagements.09 Aug 2019