AIFMD: challenges and opportunities
Emmanuelle Entringer and Bishr Shiblaq of law firm Arendt & Medernach explain the impact of the Alternative Investment Fund Managers Directive (AIFMD) on fund managers in the Middle East and North Africa.
The Alternative Investment Fund Managers Directive (AIFMD), which came into force on 21 July 2011, forms part of a European programme to extend regulation and oversight to all actors and activities that embed signifi cant risk. Among such actors featured in the AIFMD are managers of alternative investment funds (AIFs).
AIFs mainly comprise of hedge funds, private equity and real estate funds, but have been defined broadly to include (in principle) all funds that are not regulated under the Directive governing undertakings for collective investment in transferable securities (Ucits, or retail funds with a passport for EU-wide distribution)…
If you are registered and logged in to the site, click on the link below to read the rest of the Arendt & Medernach briefing. If not, please register or sign in with your details below.
News from Arendt & Medernach
News from The Lawyer
Briefings from Arendt & Medernach
The governments of Luxembourg and the US have signed an intergovernmental agreement on the implementation of the Foreign Account Tax Compliance Act in Luxembourg.
The first Luxembourg R-QFII UCITS2 allowing for a 100 per cent China A-Shares strategy has been approved by the Luxembourg CSSF.