SCANNING 14

WORLD

ITALY

UCITS V - Bank of Italy anticipates the application of the UCITS V regime

IOSCO consults on International Standards on Fees and Expenses of Investment Funds

LUXEMBOURG

GERMANY

AIFM - CSSF issues an updated AIFM FAQ

UCITS V - Publication of a draft Act on the implementation of the Directive

CRD IV - COFIBU Report on Bill 6660

TAX

CRD IV - CSSF published two regulations on the transposition of Capital Requirement Directive IV

Tax Transparency Package - EU - Commission presents Tax Transparency Package 2.0 outlining EU business tax reforms

CRR - Implementation Law

Electronic Archiving - Law relating to electronic archiving

NEW CORPORATE TAX - LUXEMBOURG - Bill 6748

EMIR - CSSF publishes EMIR Questionnaire review

FATCA - LUXEMBOURG - First reporting deadline extended to 31 August 2015

EMIR/CRA - Parliament issues EMIR and CRA bill no 6846

FATCA - LUXEMBOURG - Official guidelines published

UCITS V/AIFM - Bill 6845, enacting the UCITS V Directive in the Luxembourg Law of 17 December 2010 and amending the law of 12 July 2013 on AIFMs, has been submitted to the Chamber of Deputies for adoption

FATCA - LUXEMBOURG - Parliament adopted the law ratifying the US-Luxembourg Intergovernmental Agreement (the IGA) implementing FATCA on 1 July 2015

FRANCE

FATCA - ITALY

Instruction DOC-2014-03 - AMF issued Instruction DOC-2014-03 on the procedure for marketing AIFs in France Law n°2015-990 - “The Macron Law” for the growth, the economic activity and the equality of economic opportunity was published on August 7 th , 2015

B ackground

W hat’s in there

? W hat’s next

...

?

page 2 - Scanning - September 2015