Tue, May 3, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Adoption of AIFMD Level 2 Regulations: not everybody is happy about it

Friday, December 21, 2012

Benedicte Gravrand, Opalesque Geneva: - As Europe has just adopted Level 2 Regulations for the AIFMD and its Paris-based watchdog has just issued consultation papers to fine tune the Directive, EU member states can now start preparing for the implementation of the Directive due in July 2013 into their own national law. One UK industry body, however, expressed deep disappointment in this latest development.

On 19th December, the European Commission adopted the implementing of Level 2 Regulations for the Alternative Investment Fund Managers Directive (AIFMD), which will now be subject to a three-month study period by the European Parliament and the Council, and will enter into force after that period or by July 2013, unless either of these bodies objects.

The same day, the European Securities and Markets Authority (ESMA) issued consultation papers on two key AIFMD concepts. According to law firm Maples and Calder, both consultations aim to add clarity to the AIFMD text and foster a common, uniform and consistent application once the rules take effect. The first consultation elaborates on the definition of an 'AIF’; the second consultation provides draft regulatory technical standards on how AIFMD will affect certain typ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n