The European Supervisory Authorities (“ESAs”) published the final Regulatory Technical Standards (“RTS”) in February, which supplement Regulation (EU) 2019/2088 (“SFDR”). The RTS specify further the content to be disclosed in respect of Financial Products (“FP”) and Financial Market Participants (“FMP”) as defined within SFDR. The European Commission is expected to endorse the RTS within 3…
Funds Congress is the largest free to attend asset management conference in Europe, hosted by Carne, Dechert LLP and PwC. The event established in 2011 is usually held at London’s QEII Centre and features keynotes and panel sessions addressing the key themes that will define the year ahead in asset management. Every year, Funds Congress…
The Central Bank of Ireland (CBI) published its Securities Markets Risk Outlook Report for 2021. The report notes the changes that were introduced in 2020 e.g. new reporting obligations under the Money Market Fund Regulation (MMFR) and the Securities Financing Transactions Regulation (SFTR); Looking to 2021, the Central Bank has denoted areas of significance in…
Carne is proud to retain its position as the leading 3rd party management company in Ireland with $86.6bn in assets under management. The recently published 2021 Monterey Insight Ireland Fund Report also solidified and extended Carne’s position as category leader with growth of $33.9bn AuM in 2020. Established in 2004, Carne is recognised as the…
Des Fullam, Group Chief Product & Regulatory Officer, contributed to the recent BNY Mellon and AON white paper ‘Launching a Tax Transparent Pooling Vehicle’. Tax Transparent Funds (TTFs) have seen significant growth in popularity due to their many advantages. The operational efficiencies and withholding tax benefits provided by such funds are driving substantial investor demand.…
Carne Group marked International Women’s Day on March 8th with a fireside chat with Dr Jean van Sinderen-Law. Jean is Associate Vice President, Director of European Relations and Public Affairs at University College Cork (UCC). She is a PhD Scientist, Former member of the Governing Authority of UCC and Senate of the National University of…
Over the last month or so, we have been gauging our clients’ views on whether cryptocurrencies could become eligible holdings in their portfolios in the near to medium term. This follows recent news that BlackRock has added bitcoin futures as a potential investment for two of its US funds as well as BNY Mellon’s announcement…