Marie Boyer-Søgaard

On 29 June 2023, the first part of the European Parliament and Council Regulation (EU) 2023/1114 on markets for crypto assets (hereinafter MiCA) entered into force. In this update, our banking and finance law specialists take a closer look at the overall distinctions in MiCA. You will also get a summary of the regulation that has now entered into force and the regulation awaiting in 2024 in connection with the remaining parts of MiCA.

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.