European Regulators are adopting XBRL as the submission format for the data they collect. This supervisory convergence enables a standardised method for the definition, collection, and validation of regulatory data. The CBI Taxonomy introduces, amongst others, XBRL versions of the PRISM Impact Metrics Data return (‘PIMD’) and FINREP returns currently submitted on to the Central
Each year employees from Carne volunteer to take on the challenge of cycling from Paris to Nice – 700km in just 6 days – to raise funds for charity. The Paris2Nice cycle takes place this year from September 10th to 16th and Carne’s Christophe Douche, from our Luxembourg office, and Jeremy Soutter, from our UK office,
On Wednesday, 25th of August, we hosted a webinar with a panel of industry experts discussing the key considerations for Mangers when looking to launch and operate funds in Europe, the UK and Switzerland. During the webinar, expert panellists discussed a wide range of related topics guiding attendees on how to navigate fundraising in Europe,
Carne Group is delighted to have received regulatory approval for one of the first pre-marketing notification filings in Europe. From August 2nd new pre-marketing rules allow Asset Managers/Alternative Investment Fund Managers the ability to pre-market their Investment Strategies or Investment Ideas in Europe on receipt of regulatory approval. The changes aim to harmonise current national
In our recent Client Focus Group on Distributor Due Diligence clients tuned in to hear from industry experts and to share their own views on the challenges they face in conducting distributor due diligence. Here are 5 key take-aways: 1. The ICI Questionnaire is a welcomed resource in terms of moving towards industry standardisation. The
The new pre-marketing rules in the EU went live yesterday, 2nd August 2021. The changes aim to harmonise current national regulatory approaches for pre-marketing whilst bringing improved cost efficiencies and transparency. A uniform definition of pre-marketing has been introduced and compliance with the rules will affect all promotion of investment ideas or existing fund structures.