Wed, Jul 26, 2017
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. Investing - Hedge fund CQS favors structured credit, Direct lending funds' fading all-weather appeal, Funds hunt for cracks in most-prized US shopping malls[more]

    Hedge fund CQS favors structured credit From BArrons.com: A hedge fund manager that can invest across the investment landscape says in his latest semi annual report this week that he's finding opportunities in structured credit -- particularly the shorter term, floating rate kind. Exampl

  2. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  3. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  4. Months to minutes: Enigma launch aims to boost crypto hedge fund creation[more]

    From Coindesk.com: What if starting a hedge fund was as easy as downloading an API? A startup incubated at MIT Media Lab is today revealing a product designed with this ease-of-use in mind. Called Catalyst, the first product offering by blockchain startup Enigma aims to trigger nothing short of an e

  5. Seward & Kissel launches new compliance service[more]

    Bailey McCann, Opalesque New York: The law firm that formed the first hedge fund - Seward & Kissel - has launched a new compliance service for asset managers. Seward & Kissel Regulatory Compliance, or SKRC, offers full-scale regulatory compliance consulting solutions provided by the firm's attor