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Alternative Market Briefing

Other Voices: The new AIFM directive from a Swiss perspective
Wednesday, December 22, 2010

The following is an analysis from the latest hedgegate FoHF Newsletter:

From a Swiss perspective, the directive contains clear improvements compared to the first draft. The phased introduction of "third-country passports" will allow alternative investment fund managers located outside the EU to market their services and products in the EU on the basis of a single authorization.

The precondition is that they comply with regulatory requirements and transparency standards that they are comparable to those applicable to EU fund managers.......................

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