News

On 3 August 2023, the Danish Financial Supervisory Authority disclosed a consultation on the Danish executive order on foreign UCITS’s marketing in Denmark. In this article, you will get an overview of the proposed amendments that may be important to you.

On 24 January 2023, the European Parliament reached a political agreement with the European Commission on the proposed changes to the Directive on Alternative Investment Fund Managers (known as the "AIFM Directive"). The purpose of updating the AIFM Directive ("AIFM II") is to enhance the existing level of investor protection, market efficiency, and supervision of the investment sector in the EU. In this article, Lund Elmer Sandager's banking and finance team examines the political agreement and provides an overview of which of the European Commission's original proposals have been retained and which have been removed from the draft AIFM II directive.

On 18 November 2022, the European Securities and Markets Authority (ESMA) launched a consultation on new guidelines for naming sustainable funds, specifically funds that use ESG or sustainability-related terms. The consultation concluded in February, and in this update, we will take a closer look at the guidelines as they approach final adoption.

DORA (Digital Operational Resilience Act) is a new EU regulation that aims to improve IT security in the EU. The regulation requires companies to have the plan to manage IT security risks and to report serious IT security incidents. The regulation takes effect on 16 January 2023; in this news, we give you an overview.

The so-called RTS 27 reports are to be prepared again starting from February 2023. This is due to the temporary suspension of the reporting obligation that the EU had adopted during the COVID-19 pandemic, which is set to expire. In this article, you will get an overview of the RTS 27 reporting obligation and its significance for the entities covered by it, both now and in the future. You will also receive a brief update on the European Commission's work on the proposed amendments to MiFID II.

We are experiencing more cases of NemID fraud in connection with raising loans. The methods are constantly evolving, and the scammers are becoming more cunning. It places great demands on companies, customers, and lenders if they are to avoid being scammed.

We need women in the legal profession to be able to have the strongest team – also in management. But the trend is for women to leave the industry when they start a family. Fortunately, there are exceptions. Meet Natasja Kristiansen, who is married, a mother of two and an Attorney with an ambition to become a Partner.