Funds | Cummings Law

Examples of the work we undertake

Regulatory issues including:

  • advising on FCA rulebook and requirements
  • advising on AIFMD, MiFID, MiFID II, MiFIR, EMIR and SFTR
  • advising on margining rules
  • reviewing opinions
  • advising on exchange rules
  • assisting compliance with FCA rules and FSMA legislation
  • replying to questions raised by the FCA

The establishment and on-going operations of alternative investment funds (AIFS, UCITS, LPs, AUTs), including:

  • fund structuring
  • drafting fund documentation, including offering documents
  • negotiating trading and brokerage agreements
  • negotiating depositary agreements
  • negotiating administration agreements
  • advising on compliance with EMIR, AIFMD, UCITS and FCA
  • advising on UK marketing rules
  • drafting LP and unit trust agreements

The establishment and on-going operations of fund managers, including:

  • advising on compliance with AIFMD, UCITS and MiFID
  • drafting investment management and AIFM agreements
  • drafting management and UCITS agreements
  • advising on FCA requirements
  • drafting shareholders agreements
  • drafting LLP agreements
  • assisting with corporate meetings and resolutions

Managed account arrangements including:

  • advising on the application of AIFMD or MiFID
  • drafting managed account investment management agreements
  • reviewing regulatory platform hosting agreements
  • reviewing client account opening agreements
  • reviewing and negotiating brokerage agreements

Brokerage agreements and arrangements including:

  • negotiating prime brokerage agreements
  • negotiating clearing agreements
  • negotiating OTC trading agreements
  • advising on CASS rules advising on margining rules

Derivative and trading agreements including:

  • ISDA
  • CSA
  • GMRA
  • give-up agreements
  • margining agreements
  • netting agreements
  • swap documentation
  • FIA documents
  • FOA documents

The establishment and on-going operations of investment advisory and marketing firms, including:

  • advising on compliance with AIFMD, UCITS and MiFID
  • drafting investment advisory agreements
  • drafting distribution agreements
  • advising on UK marketing rules
  • advising on FCA requirements

Arrangements for appointed representatives and principals including:

  • negotiating appointed representative agreements
  • advising on compliance with FCA rules, AIFMD and MiFID
  • drafting investment management and AIFM agreements
  • drafting investment advisory agreements
  • drafting distribution agreements
  • advising on UK marketing rules
  • o seeding agreements

    o regulatory hosting platform arrangements

    o lending, debt and securitisation arrangements and agreements