In The News

India – SEBI FPI Government Holding

On 4 October, SEBI revised limit for FPI government securities holdings. Revised limit for investment by FPIs in government securities for October-December 2017. Limit for FPIs in central government securities now be enhanced to INR 189,700cr. In long term FPIs: sovereign wealth funds, multilateral agencies, endowment fund, insurance funds, pension funds and foreign central banks,…
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E.U. – ESMA AIFMD Reporting FAQ

On 5 October, ESMA issued updated FAQs on application of remuneration disclosure to AIF staff. States remuneration-related disclosure in Art 22(2)(e) AIFMD applies to staff in risk function. And that information can not be linked to from annual report but must be included in report. Includes table setting out data items required to be reported…
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E.U. – ESMA Updates UCITS FAQs

On 5 October, ESMA updated FAQs on UCITS and AIF periodic reporting under the SFTR. Data items reported as a snapshot, apart from data on reuse of collateral, return and cost. Includes table of heading, sub-item and ESMA instructions for how to report the data item.
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E.U. – ESMA Commodity Derivatives

On 4 October, ESMA issued updated FAQ sections 3&5 on ancillary activity, position limits. Clarifies that the ancillary activity capital test is calculated using consolidated accounts. Under Art 3(9) RTS 20, capital is sum of total assets of group minus short-term debt. NCAs are responsible for position limits established under Art 57(1) Recital 128 MiFID.…
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