Funds and Investment Management Update – Ireland and Luxembourg – Q1 2020

Ireland

The transposition of the EU Shareholders’ Rights Directive in Ireland, ESMA’s UCITS liquidity review, the Central Bank’s thematic inspection on cybersecurity risk and proposed new PCF designations for each designated person role are some of the main developments this quarter.

Luxembourg

This quarter sees the publication of the law of 25 March 2020 which implements the remaining provisions of MLD5 into Luxembourg law, the CSSF’s first money laundering/financing of terrorism risk analysis and a number of COVID-19 related press releases and FAQs.

For further information, please liaise with your usual Maples Group contact or any of the contacts listed below.

Download our Funds & Investment Management Update – Ireland and Luxembourg – Q1 2020.