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Publications

Discover thought leadership and legal insights by our legal experts from across CMS. In our Expert Guides, written by CMS lawyers from across the jurisdictions where we operate, we provide you with in-depth legal research and insights that can be read both online and offline. You can also find Law-Now articles with focused legal analysis, commentary and insights to help you anticipate future challenges and much more.



Media type
Expertise
25/01/2024
Emerging Europe M&A Report 2023/2024
Despite geopolitical tensions, fears of recession and strong inflationary pressures across the EU, as well as the fiscal tightening needed to contain them, M&A in the CEE region has remained reasonably buoyant. Findings from the CMS Emer­ging Europe M&A 2023/24 report, published in cooperation with EMIS, demonstrate the resilience of the Emerging Europe deals market as activity holds firm against a backdrop of geopolitical tensions and strong inflationary pressures. Welcome to the 2023/24 edition of the Emerging Europe report.
23/01/2024
CMS Funds Group AI & Tech interviews
This series of interviews focuses on the meaning of digitalisation, digital services and tokenisation within the funds sector, leveraging off the experience of various players in the ecosystem.
13/09/2023
Turning the Corner? CMS European M&A Outlook 2024
We are pleased to share with you the 2024 edition of the European M&A Outlook, published by CMS in association with Mergermarket.
10/07/2023
Impact of AI & Technology on the Funds sector
AI & Technology are disrupting the investment funds sector, and laws and regulations are being amended to move towards a more digital environment for financial institutions, asset managers and investors.
05/07/2023
Back to Basics briefings - New briefing added!
CMS Funds Group Back to Basics briefings intend to provide high level insights regarding funds fundamentals, funds vehicles and operational considerations New briefings are published on a regular basis, covering a specific jurisdiction or topic, and providing basic essential technical explanations.
30/01/2023
Emerging Europe M&A Report 2022/2023
The year 2022 started with various challenges, including rising inflation and energy prices. Then the Russian invasion of Ukraine added yet another one. Nonetheless, the M&A market in emerging European countries proved to be extremely resilient. The region saw M&A activity maintain a steady pace, though deal values were notably lower. Also, variations could be observed across territories and sectors. While 2022 brought a unique set of challenges, dealmaking largely compared favourably to pre-pandemic levels. Welcome to the 2022/23 edition of the Emerging Europe report.
24/01/2023
Regulatory points of attention - short video series | Episode 1
Video series CMS Funds Group regulatory experts have identified key regulatory points of attention that need to be carefully addressed in the structuring and management of a fund. With this in mind, we would like to invite you to watch our short videos They have been devised to provide fund managers with a glimpse into the do’s and don’ts across a number of basic areas that convey significant risks.
22/11/2022
MiCAR: the European Crypto-Assets Regulation
Discover the European regulation on markets in crypto-assets in this new series of short MiCAR-dedicated videos. Background & objectivesThe scopeNFTsThe categories of assets which fall within scope­Activ­it­ies...
03/07/2022
CMS Funds Global Brochure
The world in which the international funds industry operates is changing at unprecedented speed. The economic consequences of Covid-19 present a massive challenge to some funds and an opportunity to others...
01/06/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, staying ahead of the curve and knowing what’s next for your business or sector is essential. At CMS, we see ourselves not only as your legal advisers but also as your business partners. We work together with you to not only resolve current issues but to anticipate future challenges and innovate to meet them. With our latest publication, CMS Next, our experts will regularly offer you insights into and fresh perspectives on a range of issues that businesses have to deal with – from ESG agendas to restructuring after the pandemic or facing the digital transformation. We will also share with you more about the work that we are doing for our clients, helping them innovate, grow and mitigate risk. To be able to provide you with the best support, we immerse ourselves in your world to understand your legal needs and challenges. However, it is equally important that you know who we are and how we can work with you. So, we invite you to meet our experts and catch a glimpse of what is happening inside CMS. Enjoy reading this publication, which we will update regularly with new content. CMS Executive Team
27/01/2022
Emerging Europe M&A Report 2021/2022
Following global trends, the M&A market in emerging Europe surged in 2021— more money was spent on acquisitions and investments than in any of the previous seven years. After a relatively poor showing in 2020, transaction volume also bounced back to pre-pandemic levels. Not only did direct acquisitions and investments fare well, but stock market listings also reached unprecedented levels. Has the M&A market in emerging Europe scaled new heights?Welcome to the 2021/22 edition of the Emerging Europe report.
20/09/2021
Singapore VCC Guide
The Singapore Variable Capital Company (VCC) is a new corporate structure for investment funds constituted under the Variable Capital Companies Act, which took effect in January 2020. It is the first fund-specific entity to be launched in Singapore and it is intended to strengthen Singapore’s position as a leading Asian fund management centre. Over the past 20+ months the CMS Singapore funds team have taken the time to understand the legal and operational practicalities of launching, closing and operating a VCC fund, which go far beyond the VCC Act itself. As such, this guide reflects our team’s collective hands-on experience of the VCC gained over multiple VCC fund formation mandates. The purpose of this guide is therefore to provide an overview of the VCC and its key features, as well as of the VCC establishment process. It also addresses some of the VCC questions that have been frequently asked of us by both managers and investors alike.