Look-through is a simple concept that requires considerable effort from fund managers and sponsors, which is why we have had suggestions recently about relaxing the requirement in Solvency II, the rules where this issue first came to prominence. Nonetheless, a lot has been achieved by the industry in terms of adopting standards and processes that…

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MiFID & PRIIPs Part two of our blog on the overlap between the MiFID and PRIIPs regulations. The range of disclosure types between the two regulations is broad but can be summarised under the following headings: cost, risk, performance & complexity.  Disclosures: Cost Both PRIIPs and MiFID II focus on completeness and product cost disclosures, and indeed…

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Delays to Solvency II Delays to the implementation of Solvency II in Germany caused by questions over detailed look-through data are creating opportunities for international asset managers to take slice of the country’s insurance investment business. According to a straw poll of German fund managers by look-through data specialist Silverfinch, ongoing delays in Solvency II…

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Implementation of Solvency II Uncertainty in the implementation of Solvency II, demonstrated clearly by what has been going on in Germany, has implications across the asset management and insurance industries Certainty is undoubtedly good – even more so in the realms of finance. Common sense tells us that securities with a higher degree of certainty…

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