Restrictions on UCIS and ‘Close Substitutes’
Wide ranging changes to COBS 4.12 from 1 January 2014
Short Selling
Changes to Notification Procedures: FCA releases new forms for shares, sovereign debt and CDS
AIFMD: Passporting of Activities
FCA view differs from European Commission over passporting of MiFID type activities under AIFMD
AIFMD: Cooperation Agreements
FCA signs supervisory cooperation agreements with 34 non-EEA countries
UK Investment Management Strategy
HMT highlights challenges and opportunities for the UK fund management industry and sets out steps to be taken to reverse the UK’s declining share of fund domicile
Status Disclosure
FCA qualifies transitional provisions
Remuneration Code – MiFID Version
Distinct from the CRD and AIFMD driven Remuneration Codes, ESMA intends all three to be seem as “complementary rather than conflicting”