Global Content

ICI Global Response to ESMA Consultation on Guidelines on Article 25 of Directive 2011/61/EU ICI Global1 appreciates the opportunity to comment on ESMA’s proposed guidelines to the National Competent Authorities (“NCAs”) on the assessment of alternative investment fund (“AIF”)...

Eighty years ago, on August 23, 1940, President Franklin Delano Roosevelt signed into law the Investment Company Act of 1940, the culmination of the New Deal’s rewrite of American financial regulation. One is hard-pressed to find any financial regulatory legislation as successful as...

Amid increasing regulatory pressures, funds and their distributors have a new, more efficient, and streamlined way to collaborate on oversight. In the August 14, 2020, edition of Focus on Funds, Ahmed Elghazaly, ICI director of securities operations, describes the benefits of the...

13 August 2020 1 ICI Global1 Response to the HK Securities and Futures Commission’s Soft Consultation on Proposed Regulatory Responses to Climate Change 1. Do you have any comments on the SFC’s proposed baseline requirements applicable to all fund managers to be introduced in FMCC? We...

July 24, 2020—Regulators in the European Union are planning changes to MiFID that could affect investor protections, as well as trading and markets rules.

Institute and its members seek to promote greater public understanding of ESG investing and encourage the use of consistent terminology Washington, DC; July 23, 2020—The Board of Governors of the Investment Company Institute (ICI) unanimously endorsed Funds’ Use of ESG Integration and...

20_ppr_esg_integration.pdf

On June 1, the fund industry achieved a milestone for global cooperation. In an industry-led agreement, fund distributors and fund managers of Undertakings for the Collective Investment in Transferable Securities (UCITS) and alternative investment funds (AIFs) joined together to issue...