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.
Sign in or Register to continue reading this article
It's quick, easy and free!
Why register to The Lawyer
More relevant to you
News from Arendt & Medernach
Briefings from Arendt & Medernach
Luxembourg’s advantages for companies considering locating their business here and insight into the country’s legal regime for enterprises.
The restrictive measures targeting individuals and entities for threatening or undermining Ukraine’s sovereignty and territorial integrity have been extended.