ESMA unveils AIFMD supervisory pact with 34 non-EU regulators
The European Securities and Markets Authority (ESMA) has approved co-operation arrangements between EU securities regulators, with responsibility for the supervision of alternative investment funds including hedge, private-equity and real-estate funds, and 34 of their global counterparts.
The ESMA has negotiated memoranda of understanding on behalf of the 27 EU member states’ securities regulators, including Luxembourg’s CSSF, as well as their counterparts from Croatia, Iceland, Liechtenstein and Norway as members of the European Economic Area.
The co-operation arrangements will help EU regulators to supervise efficiently the way non-EU alternative fund managers comply with the rules of the Alternative Investment Fund Managers Directive (AIFMD)…
If you are registered and logged in to the site, click on the link below to read the rest of the Chevalier and Sciales briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.