Tue, Feb 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Global Perspectives' white paper highlights AIFMD compliance requirements

Monday, May 06, 2013

Beverly Chandler, Opalesque London: The latest white paper from Shane Brett’s Global Perspectives, reviews the compliance requirements for the AIFMD regulation which comes into force in the 27 countries of the European Union in July 2013. Brett writes: "The main tenets of this wide ranging legislation are now well known throughout the industry. Put simply, AIFMD will change the alternative investment industry forever."

This is the first in a two part Global Perspectives white paper with the second part due in June 2013. The second part will cover fund domiciliation; fund manager liability; investor and regulatory reporting; liaising with Service Providers; Internal organisational change; managing illiquid investments and market opportunities presented by AIFMD.

Right now, Brett says fund managers should be completing a detailed impact assessment to ensure they are ready for AIFMD. He highlights the points of action required.

1. Identifying the AIFM

The very first AIFMD task an Alternative Investment Fund Manager (AIFM) must complete is to identify who the fund manager really is. The correct AIFM must be identified for each Alternative Investment Fund (AIF) in the investment group. This is crucial because this AIFM will be the one legally responsible for ensuring the AIF is compliant with all AIFMD regulation......................

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed