Overview

Dechert’s financial services quarterly report looks at the following:

• The UCITS IV Directive introduces the key investor information document (KII); which reflects the most prescriptive piece of UCITS legislation emanating from the EU.
• The changing regulatory landscape: over the past two years there has been an incessant flow of new initiatives, largely as a response to the recent global financial crisis.
• The European Alternative Fund Managers Directive will, for the first time, impose European-wide regulatory standards on Alternative Investment Fund Managers.