Search
Eurekahedge - Other Products and Services
Fund Of Private Equity Fund Database Free Trial

Hedge Fund News

EH Report

Capital Raising Suite

‘Mizuho-Eurekahedge Index’ goes live

Asian Hedge Fund Awards

Industry Events Calendar

Fund Launches and Closures

Archive



Eurekahedge
Eurekahedge Hedge Fund Indices

Hedge Fund Monthly
 
Whatís the Alternative? An Overview of the Alternative Investment Fund Managers Directive from a Guernsey Perspective
Sam Shires, Group Partner and Stephen Ozanne, Associate
AO HALL Advocates
May 2012
 

Introduction

The Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (AIFM Directive) sets out new rules that are being introduced in the European Union (EU) in respect of the authorisation, operation, and ongoing reporting for managers of alternative investment funds (AIFMs) which manage and/or market alternative investment funds (AIFs) in the various member-state countries of the EU.

After approximately 18 months of negotiations and considerable debate between the European Commission, European Parliament and the Council of the European Union, the European Parliament voted through the AIFM Directive on 11 November 2010. The text of the AIFM Directive was later published in the Official Journal of the EU on 1 July 2011 and commenced to be enforced on 21 July 2011. However, from an offshore perspective, the way in which the AIFM Directive will actually be implemented is yet to be seen. EU directives, unlike EU regulations, set out certain results that must be achieved by each EU member-state. It is then for each member-state to implement their own legislation to give effect to the directive. This gives member-states a degree of leeway as to how the directive can be implemented in their respective jurisdictions, which can result in different member-states having slightly different rules.

Please Login to read the rest of the article

Not a subscriber? Click here to register for the FREE news articles

For further information on Eurekahedge online products, please contact our sales staff for a FREE demonstration:

Eurekahedge Research Data
Sales Line: +65 6212 0925
US: +1 646 710 4898 / +1 646 710 4899
sales@eurekahedge.com

 
If you have any comments about or contributions to make to this newsletter, please email advisor@eurekahedge.com

[Top]

 
Industry News
 
     
  The Eurekahedge Report - April 2014  
     
  Asset Flows Update for the Month of March 2014  
     
  Hedge Fund Performance Commentary for the Month of March 2014  
     
  2014 Key Trends in European Hedge Funds  
     
  The Billion Dollar Interview with David Harding, Chairman and Chief Executive Officer at Winton Capital Management  
     
  Interview with Vincent Lam, Chief Investment Officer at VL Asset Management  
     
  A Supportive Environment for Vietnamís Stock Markets  
     
  Derivative Regulations for Swiss Pension Funds  
     
  Russia: A Vast Opportunity for Islamic Finance  
     
     
     
     
Eurekahedge Hedge Fund Manager Travel Plans

space
Copyright © 2014 Eurekahedge Pte Ltd.
Use of this site is subject to our terms and conditions of use.