NICSA IQ | May 2015

NICSA IQ | May 2015
EUROPE 101 Baffled by European regulation? In European Union Securities Rulemaking, NICSA and ALFI provide a road map.   BEHIND THE SCENES 7 behind-the-scenes initiatives to increase financial market transparency and efficiency.

Europe 101 | New resource from ALFI and NICSA

Europe 101 | New resource from ALFI and NICSA
U.S. asset managers are often baffled by securities rulemaking in the European Union. This new presentation from NICSA and Luxembourg fund industry association ALFI provides a brief introduction to the process -- and how it differs from the U.S. regulatory process.

The 800-pound gorilla | Floating NAV creates operational challenges for MMFs

The 800-pound gorilla | Floating NAV creates operational challenges for MMFs

A recent NICSA webinar, speakers from EY, BNY Mellon, Boston Financial Data Services, Deutsche Asset & Wealth Management, and EY Global Services summarized the changes they foresee for MMFs.

Morningstar: What Drives Alternatives Funds Ratings?

Morningstar: What Drives Alternatives Funds Ratings?

How does Morningstar’s rating process work? How are funds categorized? With the advent of liquid alternatives funds, the answers have become more complex. At the NICSA General Membership Meeting earlier this month, Josh Charlson, head of alternatives fund analysis for Morningstar, gave attendees a peek under Morningstar’s hood.

The Asian Fund Passport | How U.S. Managers can prepare

The Asian Fund Passport | How U.S. Managers can prepare

At a recent ALFI-sponsored NICSA webinar, experts from Elvinger, Hoss and Prussen and Dechert discussed three proposed schemes for creating a UCITS-style cross-border fund sales regime in Asia.

Doing business in Asia | What’s driving Asian fund passport schemes?

Doing business in Asia | What’s driving Asian fund passport schemes?

A recent NICSA webinar sponsored by ALFI, the Luxembourg fund industry association, reviewed initiatives to create a UCITS-style cross-border fund sales regime in Asia. Experts from Elvinger, Hoss and Prussen and Dechert discussed the Asian market environment that has given rise to three proposed schemes. Take a look...

Regulatory Parallel Play

Regulatory Parallel Play

An update on worldwide regulatory trends at the 25th annual Globalisation of Investment Funds Conference, organized by the International Bar Association and co-sponsored by NICSA.

ALFI Roadshow | The AIFMD: 1 year on

ALFI Roadshow | The AIFMD: 1 year on

The most recent ALFI Roadshow, held in New York City on June 5, 2015, focused on the imminent AIFMD deadline and address key considerations for US fund managers.

UCITS V | 6 steps to meet new depositary requirements

UCITS V | 6 steps to meet new depositary requirements

The EU’s new UCITS V directive will have a significant effect on money manager operations. Among most notable areas of change are new rules concerning liability, delegation and eligibility of entities that may act as depositaries. In a recent NICSA webinar sponsored by ALFI, experts from State Street and Foley & Lardner discussed what US fund managers need to do to comply with the new directive.

Financial Times Feature | Surge in China internet money funds is risky

Financial Times Feature | Surge in China internet money funds is risky

In this Financial Times featured article, Surge in China internet money funds is risky, Bob Pozen, senior lecturer at the Harvard Business School and senior fellow at the Brookings Institution, and Theresa Hamacher, President, NICSA provide answers to some of the questions around internet money funds, including how regulators can protect investors from this unregulated and untested investment.

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