“Regulation as such would not be a problem, if only one knew how it looks like“. This is a claim often heard by asset managers.
There has been published a lot of literature, news and considerations around EMIR in the past months. EMIR applies its obligations to “financial institutions”, including investment firms, Undertakings for Collective Investments in Transferable Securities (“UCITS”) funds and their managers, and entities that will be authorized under the Alternative Investment Funds Managers Directive (“AIFMD”), who trade in “eligible derivatives contracts” such as options, futures, swaps, and contracts for differences. Continue reading “Asset Manager Challenges under EMIR”