How Will the European Union Directive on Alternative Investment Fund Managers (AIFMD) Affect Australian Fund Managers?
Fadi Khoury, Partner, John Moutsopoulos, Partner, Zein El Hassan, Partner and Paul Humphreys, Partner
Norton Rose Australia
April 2012
Introduction
The recent economic landscape has seen a significant regulatory overhaul of the financial services sector in Europe. This article highlights the impact of the European Union Directive on Alternative Investment Fund Managers (AIFMD) and how it will affect Australian fund managers seeking to undertake capital raising activities in Europe.
Due to the wide scope of the reforms, it is important that fund managers should start thinking about how the reforms may impact them and what they may need to do to prepare for when the reforms take place.