acarda becomes “Capmatix Regulations”
acarda wird zu „Capmatix Regulations“. Following integration into the LPA Group product portfolio.
SFDR: Level 2 implementation postponed to 1 January 2023
As expected, the European Commission recently announced that the Regulatory Technical Standards (RTS) for the Sustainable Finance Disclosure Regulation (SFDR) will not come into effect until 1 January 2023.
New deadlines for UCITS/PRIIPs transition
In a plenary session on 23 November, the European Parliament extended the transitory period for the use of PRIIPs KIDs,
giving asset managers until 1 January 2023 to comply with the new requirements.
VAG 2.0 template: new reporting requirements for insurance companies and pension funds from December 31.
On July 28, 2021, BaFin announced the updated collective rulings on reporting requirements for insurance companies and pension funds.
FCA urges fund managers to improve quality of ESG data
Nick Miller, Head of Asset Management Supervision at the UK‘s Financial Conduct Authority (FCA), has recently criticised the quality of ESG data disclosed in an open letter (link) to the boards of UK-licensed fund providers.
Are you ready for EDDy_neu? acarda integrates new WM interface module.
From January 2022, the EDDy interface to WM data will be replaced by EDDy_neu; i.e. obsolete technologies and functionalities will be successively replaced by new ones.
European Commission considers to extend the exemption period of UCITS KIID following the postponement of new PRIIPs RTS
As anticipated, the European Commission published a consultation paper on 15 July 2021 requesting to extend the exemption period for the UCITS KIID until 30 June 2022.
CRR II: new reporting regulation from July 2021. What to consider now.
By the end of June 2021 the updated Capital Requirement Regulation (CRR II) came into force. The goal of the EU regulation is to introduce a more risk-sensitive framework for management credit risks. One of the key outcomes of CRR II will be a stricter client reporting and disclosure regime.
New standards for PRIIPs-KIDs as of July 01, 2022
According to information from the German Investment and Asset Management Association (BVI) dated May 21, 2021, the EU Commission plans to delay the start of PRIIPs-KIDsby six months. A package of measures, which will include not only technical adjustments to Level 2 but also a selective amendment to the Level 1 Regulation, is to be forwarded by the EU Commission to the EU Parliament and Council before the end of June 2021.
ESMA updates its FAQs on AIFMD
On 28th May 2021, ESMA published an update on its FAQ on the application of the Alternative Investment Fund Managers Directive (AIFMD).
Three new questions related to Annex IV reporting were added to the document. In the Section III question number 84, 85 and 86, ESMA provided detailed explanations and examples on the reporting obligation of NET DV01, NET CS01 and NET Equity Delta of the AIF.
