T F Financial Services Tax > Financial Services M&A >

Size: px
Start display at page:

Download "T F Financial Services Tax > Financial Services M&A >"

Transcription

1 Declan O'Sullivan Partner Dublin 3 George's Dock, IFSC, Dublin D01 X5X0 T F declan.osullivan@dechert.com Practice Areas Financial Services and Investment Management > Financial Services Tax > Financial Services M&A > FinTech > Derivatives and Commodities > Global Distribution of Funds > Investment Advisers > Investment Company Status > Investment Funds and Investment Companies > Private Equity > Regulatory Compliance > Investment Funds: Europe > Exchange-Traded Funds > Private Funds > Investment Funds: Asia > Declan O Sullivan advises domestic and international clients in the establishment and authorisation of all types of investment funds including UCITS, hedge funds, property funds and private equity funds. He also represents many leading fund service providers in Ireland, including investment managers, administrators and custodians. Mr. O Sullivan has advised clients on the rollout of many innovative new products. Mr. O Sullivan previously led the alternative investment practice at Dublin firm William Fry. Mr. O'Sullivan served for many years (including a term as Chair) on the Alternative Investments Committee of the Irish Funds Industry Association, as a member of the Irish industry s task force on the Alternative Investment Funds Managers Directive and as a member of the European Commission Expert Group on Open Ended Real Estate Funds. He currently sits on the Irish Funds working groups dealing with private equity funds and loan funds. He is also a notary public. Mr. O Sullivan is ranked as a leading lawyer in his field by the independent legal directories Chambers Europe and Chambers Global. The 2017 editions of Chambers Global and Chambers Europe cite clients as commenting that he "is an expert in the funds business" and states that he possesses significant market experience and a particular knowledge of alternative investment funds.

2 The 2016 edition of Chambers Global states that is a "highly respected investment funds lawyer, who established the firm's funds offering in Ireland" with clients noting that he is "really smart and has a lot of experience. He has obviously counselled enough clients to know what they like and want." The 2015 edition of Chambers Global states that "sources highlight Declan O'Sullivan for his experience and knowledge of the Irish funds market, particularly regulatory matters", with clients noting that: "he is a practical, smart lawyer, who isn't afraid of coming up with solutions to tough problems". Chambers Global 2014 states that he is known for his "brilliant knowledge and contacts" and described as having "his finger on the pulse". He is recommended in The Legal 500 EMEA 2014, which states that "the highly experienced Declan O Sullivan continues to develop the investment funds practice at Dechert LLP." Mr. O Sullivan has previously been described in The Legal 500 EMEA as a "leading expert in his field" and in Chambers Europe as "widely esteemed" and praised his "deep understanding of the investment industry he knows what the financial regulator s thinking is likely to be." Mr. O'Sullivan is included in the fifth edition of Best Lawyers in Ireland for the area of Private Funds and is recommended as a leading lawyer in The International Who's Who of Business Lawyers - Private Funds Mr. O'Sullivan is a regular contributor to and editor of leading financial services and asset management publications and texts. He is a regular speaker at industry events. EDUCATION University College Dublin, B.C.L., 1988 University College Dublin, LL.M., 1994 ADMISSIONS Solicitor, Law Society of Ireland England and Wales (non-practicing) SPEAKING ENGAGEMENTS Ireland Roundtable Dublin, Ireland (October 4, 2017) Partner, Declan O'Sullivan, participates in the Sanne Ireland Roundtable. This event brings together leaders in the financial services industry in Ireland to discuss; alternative investment / financial industry in Ireland; the role of Ireland as a jurisdiction, fund domicile and operational centre of excellence; investment opportunity, risks and challenges in the market right now; regulatory update and relevant industry trends; and Brexit.

3 Loan Market Association Dublin Seminar Dublin, Ireland (September 26,2017) Declan O'Sullivan speaks at this seminar which covers: syndicated lending; developments in loan operations; and a non-bank lender's view. Visit the LMA website for more information. Spotlight on Loan Operations - Loan Market Association Dublin Seminar Dublin, Ireland (September 13, 2016) UCITS V: what do you need to do in time for March 2016? 2nd Annual Financial Services Forum 2015, London (March 11, 2015) Declan O'Sullivan takes part in a session entitled "UCITS V: What do you need to do in time for March 2016?". Topics within this session include: actions to take ahead of implementation deadline of March 2016; how to draft and implement remuneration policies ; and choosing a single depositary. Product Updates: An Outline of the Irish Central Bank's New Loan Fund Regime and an Update on Money Market Fund Reform in Europe and the U.S. GAIM Ops Ireland, Dublin,Ireland (October 8, 2014) Declan O'Sullivan takes part in the Legal Debrief at the conference, where lawyers from the leading law firms host interactive roundtables and answer questions on the most complicated and challenging issues in the industry. Declan's roundtable provides an outline of the Irish Central Bank's new loan fund regime and an update on money market fund reform in Europe and the U.S. How Remuneration Caps and Performance Fees Will Affect Asset Management Firms Chief Compliance Officer Roundtable - Regulatory Overload?, London ( November 14, 2013) This panel discusses limiting bonuses through one regulation and allowing more use of performance fees through another reg could set the stage for recruiting battles in asset management as talented professionals seek greener pastures. UCITS V: Practical Implementation UCITS and AIFMD in London Conference, London (September 17, 2013) This two day conference looks at the commercial solutions and fund success stories behind UCITS and AIFMD implementation and distribution. Declan O'Sullivan chairs a session at the conference titled "UCITS V: Practical Implementation." Topics include: depositary liabilities; remuneration & bonus caps; and sanctions. The Impact of the Recent ESMA Guidelines upon Further UCITS Products Regulation of ETFs and Complex UCITS A Conference Presented by Informa, London (May 28, 2013) The panel discusses: clarifying the general updates to UCITS regulation & accessing the extent the Guidelines "increase transparency and protection [and] contribute to safeguarding the stability of financial markets."

4 AIFMD - Level Two Rules, Their Implications The Offshore Investment Conference Dublin 2013, Dublin, Ireland (May 10, 2013) The long-awaited Delegated Act supplementing AIFMD was released on 19 December 2012, providing an extensive set of detailed implementing measures and technical rules on a wide range of business disciplines. Declan reviews the effects of this Act in its early stage. AIFMD - Delegation Issues AOI Funds Group Workshop, Dublin, Ireland (May 1, 2013 ) Declan O'Sullivan takes part in the AOI Funds Group Workshop in Dublin, speaking on the topic of AIFMD delegation issues. New York Fund Industry Briefing Presented by the Irish Funds Industry Association, New York, NY (March 15, 2013) The panel, including Declan O'Sullivan, reviews the changes in the regulatory landscape and the impact these changes will have one product development in the Funds Industry in the EU and Ireland, as well as the main global distribution trends and important considerations for U.S. asset managers and promoters. European Funds Distribution Forum J.P Morgan, San Fancisco, CA (December 5, 2012) This forum discusses options to effectively reach your global investor base, changes in service models, regulations that may impact distribution, and any other key topics. Declan O'Sullivan participates on this panel. Fund Relocation from the Administrator's Perspective The Institute for Financial Services Fund Restructuring and Fund Relocation Conference, Liechtenstein (November 27, 2012) Irish Funds Industry Association Boston, MA (March 22, 2012) Fund Distribution: The Practical Steps to Reach a Global Investor Base J.P. Morgan Global Distribution Fund Forum, New York, NY (October 12, 2011) Topics for discussion include: overview of global fund distribution trends; regulations that impact distribution and their likely impact on buying behaviors; product choices and selling themes globally; and changes in service models and fund features to accommodate a global investor base. What You Need to Know About AIFMD, FATCA, RDR European Fiduciary Seminar, Dublin (June 22, 2011) Leading industry experts comment on their interpretation of recent and new legislation, including AIFMD, UCITS IV, FATCA and RDR. Alternative Investment Fund Managers Directive Irish Funds Industry Association Industry Update, Chicago, IL and New York, NY (March 14, 2011)

5 The Alternative Investment Fund Manager Directive (AIFMD) What Will Be its Overall Impact on Fund Management and the Future of UCITS Investments? UCITS, NEWCITS & ETFs 2011, London (February 9, 2011) Topics will include: the structure of the Cayman Island fund; the extent of depositary liability under AIFMD; penalization of Non-UCITS; and the consequences for non-eu managers under the new rules. AIFMD Industry Seminar IFIA, Dublin, Ireland (November 17,2010) As the AIFM Directive is finalized industry experts provide information and insight into the implications and opportunities for the funds industry in Ireland. Changes in Regulation in the EU and the US: Impact on Hedge Fund Structures and Domicile 100 Women in Hedge Funds, Zurich (November 3, 2010) In the aftermath of the financial crisis, governments across the world are addressing the exposed vulnerabilities in the financial system through a comprehensive review of regulatory and supervisory controls and frameworks.alternative asset managers, who have previously largely escaped regulatory scrutiny, are particularly affected by the coming proposed stricter regulations. As a foretaste of what lies ahead, the new US financial reform requires non-us asset managers managing US client assets to register with the SEC. The debate over the European Directive on alternative asset managers is still ongoing, but stricter regulations with regard to investor protection,the use of leverage, and market efficiency are being considered The Implications of the Directive for Administrators and Custodians in Key Jurisdictions Management Global Information SA's 3 rd Annual AIFMD Conference, London (October 6, 2010) Declan O'Sullivan discusses the global reach of the Alternative Fund Managers Directive ( AIFMD) and its potential impact on fund investors as well as custodians and administrators throughout Europe.

Retired Partner T F Investment Funds: U.S. > Variable Insurance Products > Investment Advisers > Mutual Funds >

Retired Partner T F Investment Funds: U.S. > Variable Insurance Products > Investment Advisers > Mutual Funds > Jeffrey S. Puretz Retired Partner Washington, D.C. 1900 K Street, NW, Washington, DC, United States of America 20006-1110 T +1 202 261 3358 F +1 202 261 3333 jeffrey.puretz@dechert.com Practice Areas Financial

More information

Retired Partner T F

Retired Partner T F George J. Mazin Retired Partner New York Three Bryant Park, 1095 Avenue of the Americas, New York, NY, United States of America 10036-6797 T +1 212 698 3570 F +1 212 698 3599 george.mazin@dechert.com Practice

More information

A GUIDE TO ESTABLISHING LOAN ORIGINATING FUNDS IN IRELAND

A GUIDE TO ESTABLISHING LOAN ORIGINATING FUNDS IN IRELAND A GUIDE TO ESTABLISHING LOAN ORIGINATING FUNDS IN IRELAND irishfunds.ie CONTENTS Introduction 4 Possible Solutions for Direct Lenders and Institutional Investors 5 Why Ireland for Loan Originating Funds

More information

MEMBERSHIP. Supporting Your International Funds Business Through Advocacy, Collaboration & Promotion. irishfunds.ie

MEMBERSHIP. Supporting Your International Funds Business Through Advocacy, Collaboration & Promotion. irishfunds.ie MEMBERSHIP Supporting Your International Funds Business Through Advocacy, Collaboration & Promotion irishfunds.ie CONTENTS Community - Strength In Numbers Membership & Benefits Membership Entitlements

More information

T F Private Funds > Investment Advisers > Asset Management Litigation/Enforcement >

T F Private Funds > Investment Advisers > Asset Management Litigation/Enforcement > Mark D. Perlow Partner San Francisco One Bush Street, Suite 1600, San Francisco, CA, United States of America 94104-4446 T +1 415 262 4530 F +1 415 262 4555 mark.perlow@dechert.com Practice Areas Financial

More information

4th Liechtenstein Funds Day

4th Liechtenstein Funds Day Funds Day Conference Series: Tuesday, 27 November 2012 4th Liechtenstein Funds Day Fund Relocation and Fund Restructuring Institute for Financial Services Propter Homines Chair for Banking and Securities

More information

As such, we are exposed to many differing fund governance structures.

As such, we are exposed to many differing fund governance structures. Riverside Two Sir John Rogerson s Quay Dublin 2 Ireland +353 1 436 8500 Main +353 1 436 8501 Fax www.dechert.com DECLAN O'SULLIVAN Partner declan.osullivan@dechert.com +353 1 436 8510 Direct +353 1 436

More information

WHY IRELAND FOR MANAGEMENT COMPANIES AND INVESTMENT FIRMS. irishfunds.ie WHY IRELAND - PAGE 1

WHY IRELAND FOR MANAGEMENT COMPANIES AND INVESTMENT FIRMS. irishfunds.ie WHY IRELAND - PAGE 1 WHY IRELAND FOR MANAGEMENT COMPANIES AND INVESTMENT FIRMS irishfunds.ie WHY IRELAND - PAGE 1 WHY IRELAND MANAGEMENT COMPANIES AND INVESTMENT FIRMS Ireland is a leading location for fund management companies

More information

Los Angeles Seminar. 10 October irishfunds.ie

Los Angeles Seminar. 10 October irishfunds.ie Los Angeles Seminar 10 October 2017 2 irishfunds.ie PREMIUM SPONSORS 3 irishfunds.ie EVENT SPONSORS 4 irishfunds.ie Los Angeles Seminar Welcome Remarks Pat Lardner Chief Executive - Irish Funds 5 irishfunds.ie

More information

ALTERNATIVE! INVESTMENT LAW

ALTERNATIVE! INVESTMENT LAW A BNA, INC. ALTERNATIVE! INVESTMENT LAW REPORT Investment Advisers The New E.U. Directive On Alternative Investment Fund Managers BY LEONARD NG, OF SIDLEY AUSTIN LLP, LONDON. Introduction O n November

More information

Ireland / Cayman : Overview & Outlook

Ireland / Cayman : Overview & Outlook 6332593_2 Ireland / Cayman : Overview & Outlook London 16 September, 2015 6283218v1 Introduction Kate Curneen, Banking and Capital Markets - The Growth of Non-Bank lending in Ireland Brian Kelliher, Asset

More information

Irish Funds Madrid Seminar 2018

Irish Funds Madrid Seminar 2018 Irish Funds Madrid Seminar 2018 10 April 2018 2 Hosted by Supported by Welcome Address Ms Síle Maguire Ambassador of Ireland to Spain Irish Funds An Introduction Kieran Fox Irish Funds Irish Funds Industry

More information

The Role of the Depositary under the AIFMD

The Role of the Depositary under the AIFMD The Role of the Depositary under the AIFMD One of the primary stated aims of the Alternative Investment Fund Managers Directive 1 (the AIFMD ) was to increase investor protection 2. A key step in this

More information

Henry Bregstein. Partner New York p Practices. Industries. Recognition

Henry Bregstein. Partner New York p Practices. Industries. Recognition Henry Bregstein Partner henry.bregstein@kattenlaw.com New York p +1.212.940.6615 Practices FOCUS: Financial Services Liquid Alternatives Investment Companies Private Funds and Investment Management Structured

More information

AIFMD vs UCITS vs MiFID2

AIFMD vs UCITS vs MiFID2 AIFMD vs UCITS vs MiFID2 Nick Colston Darren Fox FI & AMIF Autumn Legal Update 2017 Overview: what we ll cover today When regulation makes headline news.. Part 1: overview of three regulatory regimes Part

More information

The Alternative Investment Fund Managers Directive What you need to know

The Alternative Investment Fund Managers Directive What you need to know The Alternative Investment Fund Managers Directive What you need to know The below is intended to be a high level summary of key areas as the precise implications of the AIFMD may differ for each firm.

More information

The Role of the Depositary under the AIFMD and the AIF Rulebook

The Role of the Depositary under the AIFMD and the AIF Rulebook The Role of the Depositary under the AIFMD and the AIF Rulebook One of the primary stated aims of the Alternative Investment Fund Managers Directive 1 (AIFMD) was to increase investor protection 2. A key

More information

Asset Management Director PwC Year-end accounting update. January 2017

Asset Management Director PwC Year-end accounting update. January 2017 Asset Management Director Network @ 2016 Year-end accounting update Contents 1. European Regulatory Updates 2. Irish/UK GAAP and IFRS for asset management 3. Audit Reporting Update 4. Companies Act 2014

More information

Fund Distribution: A Changed Landscape. Independence Commitment Expertise

Fund Distribution: A Changed Landscape. Independence Commitment Expertise Fund Distribution: A Changed Landscape Independence Commitment Expertise Welcome Mike Kirby Managing Principal, KB Associates 2 3 International Fund Distribution; Key Trends 2013 Ross Allen Consultant,

More information

UCITS V: Remuneration Factsheet

UCITS V: Remuneration Factsheet UCITS V: Remuneration Factsheet The UCITS V Directive ( UCITS V ) amends the regulatory framework for Undertakings for Collective Investment in Transferable Securities ( UCITS ) to address issues relating

More information

Asset Management and Investment Funds Update

Asset Management and Investment Funds Update Asset Management and Investment Funds Update October 2018 Central Bank Announces Self-Certification Regime for UCITS Financial Indices, Depositary Agreements and other changes In a letter addressed to

More information

The AIFM Directive: Implications For Non-EU Managers

The AIFM Directive: Implications For Non-EU Managers Portfolio Media, Inc. 860 Broadway, 6 th Floor New York, NY 10003 www.law360.com Phone: +1 646 783 7100 reprints@law360.com The AIFM Directive: Implications For Non-EU Managers Law360, New York (August

More information

AIFMD. Fundamental considerations to be addressed at a strategic level for marketing in the EU:

AIFMD. Fundamental considerations to be addressed at a strategic level for marketing in the EU: AIFMD Are you ready? The Alternative Investment Fund Managers Directive ( AIFMD or the Directive ) came into force on July 22, 2013 with certain activities or requirements being governed by transitional

More information

AIFMD: Level 2 Measures.

AIFMD: Level 2 Measures. AIFMD: Level 2 Measures. AIFMD: Level 2 Measures. A Introduction On 19 December 2012, the European Commission published the draft level 2 delegated Regulation (the Level 2 Measures ) that it has adopted,

More information

AIFMD Factsheet: Private Placement Post-AIFMD

AIFMD Factsheet: Private Placement Post-AIFMD AIFMD Factsheet: Private Placement Post-AIFMD What is the AIFMD? The Alternative Investment Fund Managers Directive ( AIFMD ) introduced a new passport system for the marketing of alternative investment

More information

CP86 Commentary on CBI Further Consultation - 2 nd June

CP86 Commentary on CBI Further Consultation - 2 nd June CP86 Commentary on CBI Further Consultation - 2 nd June 2016 www.bridgeconsulting.ie 1 www.bridgeconsulting.ie CBI s CP86 3rd Consultation CP86 Key Takeaways from the Central Bank s Third Consultation

More information

ALTERNATIVE INVESTMENT FUND MANAGEMENT DIRECTIVE (AIFMD)

ALTERNATIVE INVESTMENT FUND MANAGEMENT DIRECTIVE (AIFMD) ALTERNATIVE INVESTMENT FUND MANAGEMENT DIRECTIVE (AIFMD) CURRENT CHALLENGES DECEMBER 2014 1 AIFMD CURRENT CHALLENGES The AIFMD goes back to April 2009 when the European Commission proposed a Directive

More information

AIFMD Initial Guidance And Advice For The Sub-Threshold AIFM

AIFMD Initial Guidance And Advice For The Sub-Threshold AIFM AIFMD Initial Guidance And Advice For The Sub-Threshold AIFM AIFMD Initial Guidance And Advice For The Sub-Threshold AIFM A What is the AIFMD? The Alternative Investment Fund Managers Directive (the AIFMD

More information

MiFID2 for asset managers headlines and roadmaps

MiFID2 for asset managers headlines and roadmaps MiFID2 for asset managers headlines and roadmaps Nick Colston Darren Fox Wednesday 05 & Thursday 06 October 2016 Introduction what we ll cover today 1. Re-cap and recent developments 2. L2 Directive: finalised

More information

ESMA s Opinion on Supervisory Convergence in Investment Management

ESMA s Opinion on Supervisory Convergence in Investment Management ESMA s Opinion on Supervisory Convergence in Investment Management The European Securities and Markets Authority ( ESMA ) has provided further guidance for national competent authorities ( NCAs ) dealing

More information

IRELAND EUROPE S CENTRE OF EXCELLENCE FOR EXCHANGE TRADED FUNDS

IRELAND EUROPE S CENTRE OF EXCELLENCE FOR EXCHANGE TRADED FUNDS IRELAND EUROPE S CENTRE OF EXCELLENCE FOR EXCHANGE TRADED FUNDS irishfunds.ie CONTENTS Executive Summary 4 Ireland - the European Centre for Exchange Traded Funds (ETFs) 5 Growth of Irish ETFs and Current

More information

REGULATORY UPDATE FOR ALTERNATIVE INVESTMENT FUNDS

REGULATORY UPDATE FOR ALTERNATIVE INVESTMENT FUNDS Insights on... REGULATORY CHANGE REGULATORY UPDATE FOR ALTERNATIVE INVESTMENT FUNDS Spring 2014 As the regulatory landscape for alternative investment managers continues to evolve, managers are being asked

More information

Link n Learn: AIFMD Distribution August 2016 Update

Link n Learn: AIFMD Distribution August 2016 Update Link n Learn: AIFMD Distribution August 2016 Update Speakers Paola Liszka-Draper Senior Manager Advisory & Consulting Deloitte Luxembourg T: +352 45145 2803 E: pliszkadraper@deloitte.lu Derina Bannon Manager

More information

Cross-border alternative fund distribution

Cross-border alternative fund distribution Cross-border alternative fund distribution Expanding your distribution footprint 8 December 2016 Agenda 9:00 am New opportunities for distribution under AIFMD. New countries and distribution channels Presentation

More information

TRENDS IN INVESTMENT MANAGEMENT

TRENDS IN INVESTMENT MANAGEMENT TRENDS IN INVESTMENT MANAGEMENT THE CHANGING FACE OF FUND DISTRIBUTION s Investment Manager Conference in September 2010 discussed how regulatory change is impacting on fund operation and distribution.

More information

Regulatory Update DATE: 21 JANUARY

Regulatory Update DATE: 21 JANUARY DATE: 21 JANUARY 2016 www.bridgeconsulting.ie Table of Contents 1. 2016 Regulatory Reporting Deadlines 3 2. New Regulatory Framework for Irish UCITS 4 3. CP 86 Consultation Paper on Fund Management Effectiveness

More information

AIFMD 2014 Update private placements: where did we end up, and where are we going?

AIFMD 2014 Update private placements: where did we end up, and where are we going? SEPTEMBER 8, 2014 INVESTMENT FUNDS UPDATE AIFMD 2014 Update private placements: where did we end up, and where are we going? Introduction The European Union Alternative Investment Fund Managers Directive

More information

AIFMD: How it affects Private Equity fund managers.

AIFMD: How it affects Private Equity fund managers. AIFMD: How it affects Private Equity fund managers. AIFMD: How it affects Private Equity fund managers. A Introduction On 19 December 2012, the European Commission published the draft level 2 delegated

More information

Alternative Investment Fund Managers Directive - An Update. 8 December 2010 Ash Saluja, Simon Morris and Jerome Sutour

Alternative Investment Fund Managers Directive - An Update. 8 December 2010 Ash Saluja, Simon Morris and Jerome Sutour Alternative Investment Fund Managers Directive - An Update 8 December 2010 Ash Saluja, Simon Morris and Jerome Sutour Looking at... 1. Timeline, scope and basics 2. The key issue cross-border business

More information

Breakfast Seminar New York 3 November 2015

Breakfast Seminar New York 3 November 2015 2 Breakfast Seminar New York 3 November 2015 PREMIUM SPONSORS EVENT PARTNERS Breakfast Kindly sponsored by 5 Welcome Tadhg Young Chair, Irish Funds, State Street Global 6 Ireland's offering for Alternative

More information

Response to the KPMG survey for the European Commission on the Alternative Investment Fund Managers Directive

Response to the KPMG survey for the European Commission on the Alternative Investment Fund Managers Directive Luxembourg, 29 March 2018 Response to the KPMG survey for the European Commission on the Alternative Investment Fund Managers Directive Introduction The Association of the Luxembourg Fund Industry (ALFI)

More information

UCITS Law Firm of the Year 2017, The Hedge Fund Journal. Ireland s Most Innovative Law Firm, Financial Times 2017

UCITS Law Firm of the Year 2017, The Hedge Fund Journal. Ireland s Most Innovative Law Firm, Financial Times 2017 Pension Pooling and Asset Pooling in Ireland Establishing an Irish Common Contractual Fund UCITS Law Firm of the Year 2017, The Hedge Fund Journal Ireland s Most Innovative Law Firm, Financial Times 2017

More information

Mitchell E. Nichter. San Francisco. Practice Areas. Senior Counsel, Corporate Department

Mitchell E. Nichter. San Francisco. Practice Areas. Senior Counsel, Corporate Department Mitchell E. Nichter Senior Counsel, Corporate Department mitchellnichter@paulhastings.com Mitchell Nichter practices corporate and securities law with the international law firm of Paul Hastings LLP, concentrating

More information

Randy Bauslaugh. Randy Bauslaugh. Randy Bauslaugh leads McCarthy Tétrault's national Pensions, Benefits & Executive Compensation practice.

Randy Bauslaugh. Randy Bauslaugh. Randy Bauslaugh leads McCarthy Tétrault's national Pensions, Benefits & Executive Compensation practice. Randy Bar Admission Ontario 1983 Law School Osgoode Hall Law School Practices Pensions, Benefits, & Executive Compensation Industries Automotive Randy leads McCarthy Tétrault's national Pensions, Benefits

More information

IMPLEMENTATION OF THE AIFMD IN THE UK

IMPLEMENTATION OF THE AIFMD IN THE UK IMPLEMENTATION OF THE AIFMD IN THE UK FSA PUBLISHES CONSULTATION PAPER CP12/32 INTRODUCTION Following the publication of DP 12/11 in February 1, the FSA has published CP 12/32, the first consultation paper

More information

AIFMD: Private Equity

AIFMD: Private Equity AIFMD: Private Equity AIFMD: Private Equity A Introduction As is widely known by now, the AIFMD, although apparently prompted by certain perceived issues arising out of the hedge fund and prime brokerage

More information

I'm delighted to welcome you to the November edition of Regulation round-up. I'd like to take the opportunity to raise awareness of our guidance

I'm delighted to welcome you to the November edition of Regulation round-up. I'd like to take the opportunity to raise awareness of our guidance November 2016 Banks & building societies // Investment managers & stockbrokers Financial advisers // Wealth managers & private banks Mortgage advisers // Insurers & insurance intermediaries Consumer credit

More information

Bridge Consulting Regulatory Update Q Compliance Risk Governance Services Consulting

Bridge Consulting Regulatory Update Q Compliance Risk Governance Services Consulting Bridge Consulting Q 3 2018 Compliance Risk Governance Services Consulting 04 September 2018; Central Bank communicated findings from their Thematic Review of Performance Fees 05 July 2018; Central Bank

More information

Ticking all the Right Boxes! Irish Collective Assetmanagement Signed Into Law. A Legal Update from Dechert's Financial Services Practice

Ticking all the Right Boxes! Irish Collective Assetmanagement Signed Into Law. A Legal Update from Dechert's Financial Services Practice Ticking all the Right Boxes! Irish Collective Assetmanagement Vehicles Act 2015 Signed Into Law A Legal Update from Dechert's Financial Services Practice April 2015 Ticking all the Right Boxes! Irish Collective

More information

Financial Markets Legal Update Seminar

Financial Markets Legal Update Seminar Financial Markets Legal Update Seminar Programme 18 May 2017 Stream 1 Capital Markets Stream 2 Banking / Restructuring & Insolvency Stream 3 Financial Services / Tax 12:30-13:00 Registration and sandwiches

More information

INVESTMENT FUNDS, ADVISORS AND DERIVATIVES UPDATE AIFM Directive 2013 Update: Marketing by US and Other Non-EU Managers

INVESTMENT FUNDS, ADVISORS AND DERIVATIVES UPDATE AIFM Directive 2013 Update: Marketing by US and Other Non-EU Managers FEBRUARY 6, 2013 INVESTMENT FUNDS, ADVISORS AND DERIVATIVES UPDATE AIFM Directive 2013 Update: Marketing by US and Other Non-EU Managers Introduction This Update considers what US and other non-eu alternative

More information

ESMA Publishes Consultation on UCITS Remuneration Guidelines

ESMA Publishes Consultation on UCITS Remuneration Guidelines ESMA Publishes Consultation on UCITS Remuneration Guidelines The European Securities and Markets Authority ( ESMA ) has published on 23 July 2015 a consultation on guidelines on sound remuneration policies

More information

Structured Thoughts. Update on the Proposed AIFM Directive

Structured Thoughts. Update on the Proposed AIFM Directive News Bulletin February 25, 2010 Volume 1, Issue 4 Structured Thoughts News for the financial services community. Background Update on the Proposed AIFM Directive The global financial crisis has focused

More information

Swiss Collective Investment Schemes Act (CISA) Key elements September 2012

Swiss Collective Investment Schemes Act (CISA) Key elements September 2012 Swiss Collective Investment Schemes Act (CISA) Key elements September 2012 100 Women in Hedge Funds and Paris New York Commission of the Paris Bar Cross-Border Hedge Fund Regulation Alexandre Col Member

More information

Introduction From its modest offshore beginnings the international capital market has grown into a broad and deep market serving the funding needs of

Introduction From its modest offshore beginnings the international capital market has grown into a broad and deep market serving the funding needs of International Capital Market Association ICMA For 50 years, the International Capital Market Association (ICMA) has made a significant contribution to the development of the international capital market

More information

AIFMD & Private Equity Managers

AIFMD & Private Equity Managers A White Paper AIFMD & Private Equity Managers An implementation checklist By Shane Brett, Managing Director Date 23 July 2013 Contents Introduction 2 Background 2 1. Identifying the AIFM 3 2. Illiquid

More information

Specialised Investment Funds //

Specialised Investment Funds // Specialised Investment Funds // November 2018 www.cs-avocats.lu An unremitting devotion to the goals you want to achieve LEGAL 500 2018 Investment funds Chevalier & Sciales has deep knowledge of investment

More information

Doing Business in the EU Your Regulatory Options

Doing Business in the EU Your Regulatory Options Doing Business in the EU Your Regulatory Options February 25th, 2016 New York Contents Introduction Your Options to Enter Europe Focus on Distribution Case Studies About Laven Partners Our Management Team

More information

Establishing Structured Funds in Ireland

Establishing Structured Funds in Ireland Establishing Structured Funds in Ireland Best Alternative Investments Law Firm Europe 2016, Wealth and Finance International Most Innovative European Fund Law Firm 2016, Global Fund Awards European Law

More information

RISK MANAGEMENT UNDER UCITS III A NEW CHALLENGE FOR THE FUND INDUSTRY

RISK MANAGEMENT UNDER UCITS III A NEW CHALLENGE FOR THE FUND INDUSTRY page 1 / 6 page 2 / 6 risk management under ucits pdf Exchange Traded Commodities Are they eligible? The Undertakings for the Collective Investment in Transferable Securities (UCITS) rules forbid funds

More information

The EU Alternative Investment Fund Managers Directive the offshore angle

The EU Alternative Investment Fund Managers Directive the offshore angle BERMUDA BRITISH VIRGIN ISLANDS CAYMAN ISLANDS CYPRUS DUBAI HONG KONG LONDON MAURITIUS MOSCOW SÃO PAULO SINGAPORE conyersdill.com The EU Alternative Investment Fund Managers Directive the offshore angle

More information

PRIVATE REAL ESTATE FUND SERVICES 2016 A special supplement to PERE magazine

PRIVATE REAL ESTATE FUND SERVICES 2016 A special supplement to PERE magazine SEPTEMBER 2016 perenews.com FOR THE WORLD S PRIVATE REAL ESTATE MARKETS Lead Sponsor: RBC Investor & Treasury Services PRIVATE REAL ESTATE FUND SERVICES 2016 A special supplement to PERE magazine KEYNOTE

More information

Funds Europe & Funds Global - Audience 2018

Funds Europe & Funds Global - Audience 2018 Funds Europe & Funds Global - Audience 2018 1 About Funds Europe & Funds Global...Page 3 Readership by Seniority....Page 4 Print Circulation. Page 5 Online Audience Page 6 Email Audience.... Page 8 Media

More information

REVIEW OF ALTERNATIVE INVESTMENT FUND DOMICILES AND TRENDS

REVIEW OF ALTERNATIVE INVESTMENT FUND DOMICILES AND TRENDS REVIEW OF ALTERNATIVE INVESTMENT FUND DOMICILES AND TRENDS 25 November 2014 Oliver Wyman CONFIDENTIALITY Our clients industries are extremely competitive. The confidentiality of companies plans and data

More information

A Guide to the Implications of the Alternative Investment Fund Managers Directive (AIFMD) for Annual Reports of Alternative Investment Funds (AIFs)

A Guide to the Implications of the Alternative Investment Fund Managers Directive (AIFMD) for Annual Reports of Alternative Investment Funds (AIFs) A Guide to the Implications of the Alternative Investment Fund Managers Directive (AIFMD) for Annual Reports of Alternative Investment Funds (AIFs) Alternative Investment Fund Managers Directive For Annual

More information

Regulation of ICOs in Ireland: An Overview of the Legal, Tax and Regulatory Position

Regulation of ICOs in Ireland: An Overview of the Legal, Tax and Regulatory Position Regulation of ICOs in Ireland: An Overview of the Legal, Tax and Regulatory Position Fergus Bolster, Mark O Sullivan and Lorna Daly 10 October 2018 Preliminary Most offerings of digital assets (whether

More information

Investment funds in Ireland: regulatory overview

Investment funds in Ireland: regulatory overview GLOBAL GUIDE 2015/16 INVESTMENT FUNDS Investment funds in Ireland: regulatory overview Gayle Bowen and Emily Davy Walkers global.practicallaw.com/7-501-5093 RETAIL FUNDS 1. What is the structure of the

More information

The Irish Funds Industry Association responds to UCITS VI Consultation

The Irish Funds Industry Association responds to UCITS VI Consultation Legal and Regulatory Update The Irish Funds Industry Association responds to UCITS VI Consultation The Irish Funds Industry Association ( IFIA ) has made a detailed submission in response to the European

More information

AML/CTF Efforts and Forecasts for Ireland. 23 February 2017

AML/CTF Efforts and Forecasts for Ireland. 23 February 2017 AML/CTF Efforts and Forecasts for Ireland 23 February 2017 Welcome Sheila Duignan Partner, Business Risk Services, Grant Thornton Agenda 7.00pm Welcome Sheila Duignan, Grant Thornton 7.05pm Guest Speaker

More information

Investment funds are lacking independent governance. LCP fund governance survey report May 2017

Investment funds are lacking independent governance. LCP fund governance survey report May 2017 Investment funds are lacking independent governance LCP fund governance survey report May 2017 1 LCP fund governance survey May 2017 Introduction - why fund governance matters When deciding which companies

More information

Hedge Funds Workshop

Hedge Funds Workshop H Hedge Funds Workshop Boston 7 October 2011 Welcome & introduction Marc Saluzzi Chairman, ALFI Boston 7 October 2011 Presentation slides will be available on the ALFI website www.alfi.lu under: conferences

More information

AIFMD II: ESMAs response

AIFMD II: ESMAs response Link n Learn AIFMD II: ESMAs response 6 August 2015 Leading Business Advisors Contacts Aisling Costello Senior Manager Investment Management Advisory Deloitte & Touche Ireland E: acostello@deloitte.ie

More information

The New York State Bar Association International Section. The Committee for Private International Law of the Israel Bar Association

The New York State Bar Association International Section. The Committee for Private International Law of the Israel Bar Association The New York State Bar Association International Section & 17 April 2018 The Committee for Private International Law of the Israel Bar Association Cordially invite you to attend a seminar on cross-border

More information

Investment Management Knowledge Sharing for Independent Non-Executive Directors Preparing for the Financial Reporting Season Ahead

Investment Management Knowledge Sharing for Independent Non-Executive Directors Preparing for the Financial Reporting Season Ahead Investment Management Knowledge Sharing for Independent Non-Executive Directors Preparing for the Financial Reporting Season Ahead 17 October 2013 Investment Management Knowledge Sharing for Independent

More information

Establishing a European ETF in Ireland

Establishing a European ETF in Ireland Establishing a European ETF in Ireland D Introduction An exchange traded fund (ETF) is an investment fund that is structured to allow intra-day trading of its shares on a stock exchange using real time

More information

Challenges in the European Supervision of Asset Management

Challenges in the European Supervision of Asset Management Date: 9 October 2012 ESMA/2012/669 Challenges in the European Supervision of Asset Management BVI Asset Management Conference Frankfurt, 9 October 2012 Steven Maijoor, ESMA Chair Ladies and Gentlemen,

More information

Breakfast Briefing: German regulatory law - loan funds and distribution matters

Breakfast Briefing: German regulatory law - loan funds and distribution matters Breakfast Briefing: German regulatory law - loan funds and distribution matters Dr Harald Glander Oliver Kittner Norman Mayr 28 April 2016 Agenda UCITS V and loan funds German Master-KVG structure Solvency

More information

Irish Funds San Francisco Seminar

Irish Funds San Francisco Seminar Irish Funds San Francisco Seminar 2016 2 Irish Funds San Francisco Seminar 2016 PREMIUM EVENT SPONSORS 3 Welcome Anthony Bassili Chapter Executive CAIA Irish Funds Overview Kieran Fox Director Business

More information

EU Alternative Investment Fund Managers Directive - Implications for non-eu based Alternative Investment Fund Managers

EU Alternative Investment Fund Managers Directive - Implications for non-eu based Alternative Investment Fund Managers November 2010 EU Alternative Investment Fund Managers Directive - Implications for non-eu based Alternative Investment Fund Managers BY JONATHAN SHENKMAN AND CHRISTIAN PARKER Background Following a period

More information

Feedback Statement. Guidance Notes. Guernsey Depositary Requirements Article 36 of AIFMD

Feedback Statement. Guidance Notes. Guernsey Depositary Requirements Article 36 of AIFMD Feedback Statement Guidance Notes Guernsey Depositary Requirements Article 36 of AIFMD Glossary of Terms AIFMD Directive 2011/61/EU on Alternative Investment Fund Managers AIFM Alternative Investment Fund

More information

Professional Diploma in Applied Alternative Investments 2016/2017

Professional Diploma in Applied Alternative Investments 2016/2017 Professional Diploma in Applied Alternative Investments 2016/2017 Postgraduate Education 2016/2017 www.iob.ie/postgrad Who we are THE INSTITUTE OF BANKING The Institute of Banking is the largest professional

More information

Supporting you through the transition to MiFID II/MiFIR. November 2017

Supporting you through the transition to MiFID II/MiFIR. November 2017 Supporting you through the transition to MiFID II/MiFIR November 2017 Understanding the challenges & opportunities of regulatory change All regulatory change brings both challenges and opportunities in

More information

Featuring contributions from Afme Allen & Overy Asifma Bonn Steichen & Partners Cuatrecasas Elias Neocleous & Co Fellner Wratzfeld & Partners

Featuring contributions from Afme Allen & Overy Asifma Bonn Steichen & Partners Cuatrecasas Elias Neocleous & Co Fellner Wratzfeld & Partners Featuring contributions from Afme Allen & Overy Asifma Bonn Steichen & Partners Cuatrecasas Elias Neocleous & Co Fellner Wratzfeld & Partners Matheson PLMJ Schellenberg Wittmer Simmons & Simmons Mifid

More information

AIFMD Directive Transfer Agents. Roger Fishwick

AIFMD Directive Transfer Agents. Roger Fishwick AIFMD Directive Transfer Agents Roger Fishwick Chief Risk Officer 12 th June 2014 Thomas Murray Data Services 2014 1 AIFMD Directive reminder on depositary liability! The depositary is liable for losses

More information

Stand out for the right reasons Financial Services Risk and Regulation. Hot topic. Increased clarity on BMR

Stand out for the right reasons Financial Services Risk and Regulation. Hot topic. Increased clarity on BMR www.pwc.co.uk/fsrr 23 October 2017 Stand out for the right reasons Financial Services Risk and Regulation Hot topic Increased clarity on BMR Highlights As we approach the golive date, there s still much

More information

Private Investment Funds November 29, Another Milestone for the AIFMD Time for Non-EU Private Equity Advisers to Take Stock?

Private Investment Funds November 29, Another Milestone for the AIFMD Time for Non-EU Private Equity Advisers to Take Stock? ROPES & GRAY ALERT Private Investment Funds November 29, 2011 Another Milestone for the AIFMD Time for Non-EU Private Equity Advisers to Take Stock? The Alternative Investment Fund Managers Directive (

More information

Membership Application & Renewals Documentation / Education and events / Guidelines and best practice / Regulation and lobbying

Membership Application & Renewals Documentation / Education and events / Guidelines and best practice / Regulation and lobbying Membership Application & Renewals 2017 Documentation / Education and events / Guidelines and best practice / Regulation and lobbying The LMA Mission Member Benefits The Loan Market Association (LMA) has

More information

Carolyn H. Jackson. Partner London p +44 (0) Practices. Memberships. Industries.

Carolyn H. Jackson. Partner London p +44 (0) Practices. Memberships. Industries. Carolyn H. Jackson Partner carolyn.jackson@kattenlaw.co.uk London p +44 (0) 20 7776 7625 Practices FOCUS: Financial Services Futures and Derivatives Financial Services Regulatory and Compliance Structured

More information

Link n Learn. AIFMD Implementation. Depositary webinar. 20 June 2013 Leading business advisors Deloitte & Touche

Link n Learn. AIFMD Implementation. Depositary webinar. 20 June 2013 Leading business advisors Deloitte & Touche Link n Learn AIFMD Implementation Depositary webinar 20 June 2013 Leading business advisors Presenters Niamh Geraghty Director Investment Management Advisory Deloitte & Touche Ireland ngeraghty@deloitte.ie

More information

How to start a Hedge Fund

How to start a Hedge Fund How to start a Hedge Fund How to start a Hedge Fund Introduction When setting up a hedge fund, you will need to consider the following matters: Jurisdiction Fund structure Eligible investors Authorisation

More information

AIFMD. Who is Maitland? Contents. maitlandgroup.com

AIFMD. Who is Maitland? Contents. maitlandgroup.com AIFMD Who is Maitland? Maitland is a global advisory, fund administration and family office firm providing seamless multi-jurisdictional legal, fiduciary, investment and fund administration services to

More information

UCITS V: Who needs to do what by when?

UCITS V: Who needs to do what by when? UCITS V: Who needs to do what by when? Andrea Finn Viviane de Moreau Neil Simmonds Mahrie Webb 07 & 08 October Agenda Summary of changes being introduced under UCITS V Impact on remuneration structures

More information

AIFMD: What it is and what to do.

AIFMD: What it is and what to do. AIFMD: What it is and what to do. AIFMD: What it is and what to do. 1 What is the AIFMD? The AIFMD is an EU directive aimed at introducing a harmonised regulatory framework across the EU for EU-established

More information

BROWN ADVISORY FUNDS PLC

BROWN ADVISORY FUNDS PLC (A company incorporated with limited liability as an open-ended investment company with variable capital under the laws of Ireland) US Equity Value Fund US Smaller Companies Fund American Fund US Equity

More information

CHEVALIER & SCIALES. of offshore funds to luxembourg. investment management. client memorandum 2011

CHEVALIER & SCIALES. of offshore funds to luxembourg. investment management. client memorandum 2011 CHEVALIER & SCIALES guide to the migr ation or relocation of offshore funds to luxembourg client memorandum 2011 investment management This publication has been prepared by the law firm Chevalier & Sciales

More information

Brexit and Financial Services: The Final Countdown

Brexit and Financial Services: The Final Countdown Brexit and Financial Services: The Final Countdown Grania Baird and Kya Fear 05 November 2018 With less than five months before the UK leaves the EU there is no final consensus on a withdrawal agreement,

More information

Mr. Chairman, Deputies and Senators - thank you for the invitation to participate in

Mr. Chairman, Deputies and Senators - thank you for the invitation to participate in Mr. Chairman, Deputies and Senators - thank you for the invitation to participate in today s meeting to consider the European Commission s ESA Package 1 published on 20 September 2017. These proposals

More information

FUND ADMINISTRATION EXPERTISE

FUND ADMINISTRATION EXPERTISE Corporate Overview FUND ADMINISTRATION EXPERTISE Centaur delivers independent fund administration and regulatory services worldwide to hedge funds, fund of funds, private equity funds, real estate funds

More information

Exchange-Traded UCITS in Ireland

Exchange-Traded UCITS in Ireland Exchange-Traded UCITS in Ireland arthurcox.com 2 ARTHUR COX ASSET MANAGEMENT AND INVESTMENT FUNDS OUR FIRM Arthur Cox is widely regarded as the leading law firm in Ireland. We are one of Ireland s largest

More information

Regulatory Aspects Impacting Investment Funds: A Non-European Perspective

Regulatory Aspects Impacting Investment Funds: A Non-European Perspective Regulatory Aspects Impacting Investment Funds: A Non-European Perspective Gavin Farrell Partner Robin Fuller Director What we ll cover Impact of AIFMD on Guernsey AIFMs/AIFs AIFMD timeline Preparedness

More information