Non-EU investment managers must comply with EU AIFMD by 22 July 2014
The EU Alternative Investment Fund Managers Directive (AIFMD), approved by the European Parliament in June 2011, established a new regulatory regime for EU and non-EU investment managers (including US investment advisers) that, among other activities, manage alternative investment funds (AIFs) and/or market AIFs to investors within the EU.
Each EU member state was given until 22 July 2013 to implement the AIFMD into national law…
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