Carne-Newsletter-Regulatory-Update

European Commission Consults on AIFMD Review

Background On 22 October 2020, the European Commission (EC) launched a consultation on the review of the Alternative Investment Fund Managers Directive (AIFMD). This consultation follows the EC’s June 2020 report on the AIFMD’s scope and application that was submitted to the European Parliament and the Council. That report concluded that while the AIFMD has

Emso Asset Management US Election Podcast

The US presidential election on Tuesday November 3rd will impact the future of the US economy, US markets as well as emerging markets asset valuations. With the election now just a few days away, Emso Asset Management, a specialist in the emerging markets sector, discusses the presidential race and provides insights into what the polls

Carne Group announces Mike O’Brien as Non-Executive Director to its Board of Directors

Dublin, Friday, 30h October 2020 – Carne Group, the leading digitally driven industry platform to the Global Asset Management Industry, today announced the appointment of Mike O’Brien as a Non-Executive Director to its Board of Directors. O’Brien has over 25 years of industry experience, most recently as Global Co-Head of the Asset Management Solutions business

CP86 Analysis

Show me the resources, the expertise and the evidence Following the publication of the Central Bank’s thematic review of Fund Management Companies’ (FMC) governance, management and effectiveness (“CP86 Review”) we assess what action is required by FMCs and examine the key takeaways from the review. An overview of the findings is available here   ACTION

Central-Bank-of-Ireland-CP86-Thematic-Review-and-Findings

Regulatory Update Ireland – CP86 Thematic Review and Findings

The Central Bank of Ireland (CBI) today published their findings from their thematic review of Fund Management Companies’ (FMC) governance, management and effectiveness (“CP86 Review”). Following their in-depth analysis, the CBI confirmed, that when applied correctly, CP86 provides a framework for robust governance, management and oversight arrangements. However, the CBI found that a significant number

Central Bank of Ireland Updates PCF Functions

In February this year the Central Bank of Ireland (the “Central Bank”) issued a notice of intention to make amendments and additions to the list of Pre-Approved Controlled Functions provided for in the Central Bank Reform Act, 2010 and subsequent regulations. The Central Bank has now published the Central Bank Reform Act 2010 (Sections 20