Tag Archives: Private Placement

Brexit for asset managers and fund managers – don’t panic, it may not be as bad as it at first appears!

UK regulated fund managers and asset managers should bear in mind that, while the Brexit vote has occurred, this does not bind the UK Parliament. As of the date of writing (12 July 2016), the process of withdrawal under Article 50 of the Lisbon Treaty has not yet started. Although the timetable for withdrawal under … Continue Reading

AFIMD update for US managers of non-EU alternative investment funds

This post was authored by Winston Penhall, Editor of this blog and partner in the Investment Funds practice of Reed Smith LLP, London. We are frequently asked by non-EU managers broadly what their options are in relation to AIFMD compliance and fund marketing. We have therefore prepared a Client Alert specifically dealing with this hot … Continue Reading

AIFM Directive – Happy to sit and wait in the sun?

The controversial European Alternative Investment Management Directive (AIFMD), finally adopted by the European Parliament last November, was originally expected to be published in early 2011, so triggering a two year period in which Member States would be required to get their rule books in order to ensure consistent fund management regulation across the EU. Five … Continue Reading

UAE Gold Plates Fund Marketing Rules

In January 2011, the United Arab Emirates’ Securities and Commodities Authority (ESCA) published draft new proposed investment funds regulations. If these regulations are adopted, the regulatory environment regarding the marketing of Funds in the UAE will be more stringent than in other Gulf Cooperation Council (GCC) Countries and Europe. Key highlights are as follows: ESCA … Continue Reading