Risk Management

New ESMA Guidelines & RTS on Liquidity Management Tools (LMTs) for UCITS and Open-Ended AIFs

On 15 April 2025, the European Securities and Markets Authority (ESMA) published its final report on the Guidelines for Liquidity Management Tools (LMTs) of UCITS and open-ended Alternative Investment Funds (AIFs), along with draft Regulatory Technical Standards (RTS). These updates are part of the broader AIFMD II and UCITS Directive amendments Read more…

By Diana Marks, 2 weeks2025.05.02. ago

FinDatEx Fund Reporting Risk Management Solvency II

FinDatex TPT V7: Key Enhancements for Solvency II Reporting and NACE Code Updates

Today, FinDatex published the release of TPT V7 for Solvency II reporting. This new version brings several key enhancements that further align it with recent industry and upcoming regulatory changes, including the new NACE code classification updates. Key Enhancements in TPT V7 Enhanced SCR Calculations: TPT V7 introduces support for Read more…

By Diana Marks, 5 months2024.12.17. ago

Regulation Risk Management Solvency II

Solvency II Review: Impact on Capital Charges for Securitisations

After the 2008 financial crisis, where ABS securitisations had a major impact on the market downturns, several new regulations were implemented to avoid unpredictable risks. Overall, this led to significant volume drops in the securitisation market. With the first introduction of Solvency II, the regulation divided securitisations into 3 categories Read more…

By Alexander Ehmann, 1 year2023.12.01. ago

AIFM Data Management Open Protocol (OP) Risk Management

New Open Protocol (OP) Amendments

Yesterday the Standard Board for Alternative Investments (SBai) published the latest amendments to reporting stress test results for the Open Protocol (OP) Risk Reporting Template. The reason for this change is the amended SEC Rule 206(4)-1, also called the “Marketing Rule”, which prohibits the presentation of gross performance in any Read more…

By Alexander Ehmann, 2 years2023.05.04. ago