Investment Management, Disclosure Requirements, European Securities and Markets Authority (ESMA)

ESMA publishes final report on 2023–2024 CSA on integration of sustainability risks and disclosures

A&O Shearman on 7/11/2025

The European Securities and Markets Authority (ESMA) has published its final report on the 2023-2024 common supervisory action (CSA) carried out with national competent authorities (NCAs)on the integration of sustainability...more

ESMA guidelines on suitability requirements and format of the periodic statement for portfolio management activities under MiCAR

A&O Shearman on 4/1/2025

Official translations of the guidelines on certain aspects of the suitability requirements and format of the periodic statement for portfolio management activities under the EU Markets in Crypto Assets Regulation (MiCAR) have...more

SFDR Consultation and Review by European Commission – a first step towards SFDR 2.0

A&O Shearman on 9/25/2023

The Commission has launched a far reaching consultation and review of SFDR, long expected by the industry. This bulletin provides an overview, as well as giving thought as to what we might see in terms of SFDR 2.0....more

ESMA Publishes Guidelines for UCITS V Remuneration Policy

Morgan Lewis on 9/7/2016

The guidelines, which apply from 1 January 2017, seek to clarify the concepts of disclosure, governance, and risk alignment in respect of remuneration; in advance of this date, non-EU investment managers of UCITS should...more

Transparency Directive II and Changes to the DTRs

Akin Gump Strauss Hauer & Feld LLP on 11/12/2015

Summary - On 26 November 2015, the United Kingdom’s major shareholding notification rules will be amended in order to implement the requirements of the revised Transparency Directive (“TD2”, as amended by Directive...more

Corporate & Financial Weekly Digest - Volume X, Issue 29

Katten Muchin Rosenman LLP on 8/3/2015

SEC to Consider Adoption of Pay Ratio Disclosure Rules at August 5 Opening Meeting - On July 29, the Securities and Exchange Commission, pursuant to a “Sunshine Act” notice, stated that it will hold an open meeting on...more

Orrick's Financial Industry Week in Review

Orrick, Herrington & Sutcliffe LLP on 5/29/2015

EBA Outlines Upcoming Initiatives for the Regulation of Retail Payments - The European Banking Authority ("EBA") has announced details of its plans to harmonize regulatory and supervisory practices to ensure secure, easy...more

Investment Management › Disclosure Requirements › European Securities and Markets Authority (ESMA)