Tag Archives: ESMA

AIFMD Round 2: Call for Evidence on AIFMD Passport and Non-EU AIFMs

This post was written by Vicky Thatcher. Pursuant to Article 67 of the Directive 2011/61/EU on Alternative Investment Fund Managers (“AIFMD”), the European Securities and Markets Authority (“ESMA”) has until 22nd July 2015 to issue to the European Parliament, the Council and the Commission: (a) an opinion on the functioning of the passport for EU … Continue Reading

What should UK and non EU AIFMs be doing now?

This post was authored by Jacqui Hatfield, regulatory partner at Reed Smith LLP, London. The AIFMD trigger date occurred on 22 July this year, with a 12-month transitional period (TP) in place in the UK for (i) existing UK managers of AIFs (UK AIFMs), and (ii) non-EU managers of AIFs (Non-EU AIFMs) actively marketed in … Continue Reading

Guernsey optimistic about the AIFMD – Own Goal for Europe?

On Wednesday I attended the very well-organised Guernsey Funds Forum at the Grange St Paul’s Hotel in London organised by Guernsey Finance. There were three very interesting panel discussions, excellently moderated by TV news anchor Alastair Stewart.  The first of these concentrated on the perhaps rather predictable topic of the Alternative Investment Fund Managers Directive … Continue Reading

Remuneration for Asset Managers

The FSA’s revised Remuneration Code (PDF) (the “Code”) came into force on 1 January 2011. Those newly within its scope are expected to comply in full by 1 July 2011. Overall, the Code will have a lower impact on fund and asset managers than first feared, but will increase the ever-growing compliance burden as managers have to … Continue Reading