Newsletter July 2018

Asset management and investment funds

• Securitisation Regulation: Impact on investment funds and their managers investing in securitisations
• Non-regulated AIFs: New reporting obligations
• Implementation of Securities Financing Transactions Regulation (SFTR)
• Implementation of MiFID II and other recent publications
• UCITS ESMA Q&A: Update May 2018
• Benchmark ESMA Q&A: Update May 2018

Administrative law

• New Public Procurement Law

Banking and financial services

• MiFID II: Recent publications
• Incompatibility: Chairman of the board and effective director functions

Dispute resolution and commercial

• Competition law exemption for Webtaxi pricing algorithm
• No fine for small supermarket chains' cartel

Tax

• Implementation of Anti-Tax Avoidance Directive (ATAD 1)
• CRS reporting – New list of Reportable Jurisdictions for the reporting year 2017