[32243] February 26, 2020 TO: ICI Global Tax Committee Tax Committee RE: Volunteers Needed for Tax & Accounting Conference Planning Committee ICI is seeking volunteers to serve on the 2020 Tax & Accounting Conference planning committee. This committee will meet in Washington, DC, on...
[32245] February 26, 2020 TO: ICI Global EU Capital Markets Union Task Force ICI Global Regulated Funds Committee ICI Global Retirement Savings Committee RE: COMMENTS REQUESTED on Draft Responses to EIOPA's Consultation on Pan-European Personal Pension Product - by Noon GMT, 28...
[32244] February 26, 2020 TO: Accounting/Treasurers Committee Auditor Independence Working Group RE: ICI/IDC Draft Comment Letter on SEC's Proposed Amendments to Auditor Independence Rule; Comments Due to ICI by Friday, March 6 In December, the Securities and Exchange Commission...
[32237] February 25, 2020 TO: ICI Members SUBJECTS: Trading and Markets RE: SEC Disapproves Cboe EDGA Exchange Proposed Liquidity Provider Protection Delay Mechanism Cboe EDGA Exchange filed a proposed rule with the SEC in June 2019 to establish the Liquidity Provider Protection delay...
[32240] February 25, 2020 TO: ICI Global Members SUBJECTS: MiFID, EMIR, AIFMD, UCITS V RE: European Commission Issues Consultation on MiFID II/MiFIR On February 17, 2020, the European Commission (Commission) launched a consultation on the review of the MiFID II/MiFIR [1] regulatory...
[32241] February 25, 2020 TO: Tax Committee RE: Excise Tax Reform Proposal Discussed at Today's Tax Committee Meeting Attached, as discussed during today’s Tax Committee meeting, is the covering memo and 20-page document on the excise tax reform (“Murphy”) proposal that was considered...
[32239] February 25, 2020 TO: ICI Members SUBJECTS: Closed-End Funds Compliance Disclosure Distribution Exchange-Traded Funds (ETFs) Fees and Expenses Fund Governance Intermediary Oversight Operations Transfer Agency RE: Industry Working Groups Examining How to Reform Proxy Plumbing...
[32224] February 25, 2020 TO: Pension Committee Pension Operations Advisory Committee RE: Joint Pension and Pension Operations Advisory Committees Meeting -- Tuesday, April 14, 2020 The next joint meeting of the ICI Pension and Pension Operations Advisory Committees will take place on...
[32238] February 25, 2020 TO: Operations Committee Proxy Working Group SEC Rules Committee RE: Industry Working Groups Examining How to Reform Proxy Plumbing; March 9 Call to Discuss OBO/NOBO Account Opening Disclosure Initiative The SEC published two pieces of proxy-related guidance...
[32233] February 24, 2020 TO: ICI Global Members SUBJECTS: International/Global MiFID, EMIR, AIFMD, UCITS V RE: ESMA Consultation on the New MiFID II and MiFIR Regimes for Third Country Firms On January 31, 2020, the European Securities and Markets Authority (ESMA) launched a...
[32236] February 24, 2020 TO: Closed-End Investment Company Committee RE: Draft ICI Submission to SEC on Closed-End Fund Activist Activity and Anti-Takeover Defenses; Comments Requested by Friday, February 28 ICI has prepared the attached draft submission to the Securities and...
[32235] February 24, 2020 TO: ICI Global Members SUBJECTS: International/Global RE: IOSCO Announces Work Program for 2020 The International Organization of Securities Commissions (IOSCO) recently issued its work program for 2020 which identified six priority issues, briefly described...
[32232] February 24, 2020 TO: ICI Global Members ICI Global Regulated Funds Committee SUBJECTS: Disclosure Distribution International/Global Investment Advisers MiFID, EMIR, AIFMD, UCITS V Pension Trading and Markets RE: High Level Forum on the EU Capital Markets Union Releases...
[32226] February 21, 2020 TO: ICI Members Pension Committee Pension Operations Advisory Committee SUBJECTS: Pension RE: Instructions for 2020 Forms 1099-R and 5498 Reflect Qualified Birth or Adoption Distributions The IRS released the 2020 Instructions for Forms 1099-R and 5498...
[32228] February 21, 2020 TO: ICI Global Tax Committee Management Company Tax Subcommittee Tax Committee RE: For Your Review: ICI Global Letter Re Indian 2020 Budget Tax Issues The Government of India’s 2020 Union Budget [1] includes a proposal to abolish the Dividend Distribution Tax...
[32229] February 21, 2020 TO: ICI Members Investment Company Directors ICI Global Members ESG Task Force ICI Global Regulated Funds Committee SUBJECTS: Compliance Disclosure Distribution International/Global Investment Advisers MiFID, EMIR, AIFMD, UCITS V RE: EU Disclosure Regulation...
[32227] February 21, 2020 TO: ICI MembersInvestment Company Directors SUBJECTS: Advisory Contract Renewal Compliance Disclosure Fund Governance Investment Advisers RE: Diverse Investment Advisers Act We want to inform you about proposed legislation known as the Diverse Investment...
[32223] February 20, 2020 TO: Advertising Compliance Advisory Committee RE: REMINDER: Advertising Compliance Advisory Committee Call on March; Request for Discussion Items The Advertising Compliance Advisory Committee will have its next quarterly conference call on Wednesday, March 4...
[32225] February 20, 2020 TO: SEC Rules Committee RE: ICI Draft Comment Letter on SEC Proposal to Update Accredited Investor and Qualified Institutional Buyer Definitions - Your Comments Requested by March 3 In December, the Securities and Exchange Commission issued a proposal to...
[32220] February 20, 2020 TO: ICI Members Investment Company Directors Chief Compliance Officer Committee SUBJECTS: Compliance Fund Governance Investment Advisers RE: SEC Issues Exemptive Order on Section 15(c) In-Person Board Voting Requirement for Certain Sub-Advisory Contracts The...
[32222] February 20, 2020 TO: Derivatives Markets Advisory Committee RE: CFTC Proposes Amendments to SEF Regulations for Package Transactions, Error Trades, and Block Trades In January, the Commodity Futures Trading Commission (CFTC or “Commission”) approved a proposal (“Proposal”)...
[32217] February 19, 2020 TO: Chief Risk Officer Committee RE: Registration Open for May 19 CRO Committee Meeting and May 18 Dinner in Denver The next meeting of ICI’s Chief Risk Officer Committee will be held on Tuesday, May 19 from 9:00 a.m. to 3:00 p.m. Many thanks to George...
[32218] February 19, 2020 TO: ICI Members Management Company Tax Subcommittee SUBJECTS: Tax RE: ICI Submits Comment Letter on Proposed Foreign Tax Credit Regulations ICI has submitted comments on recently proposed regulations that would, among other things, amend the definition of...
[32216] February 18, 2020 TO: ICI Global Tax Committee Tax Committee RE: For Your Review: DRAFT Letter to IRS on Form 8802, Application for United States Residency Certification The IRS, pursuant to The Taxpayer First Act of 2019 (TFAO) , has requested public feedback on how the IRS...
