Regulations Adopted to Implement EU Alternative Fund Managers Directive

The Treasury and the Financial Conduct Authority adopted the necessary regulations to implement the EU Alternative Investment Fund Managers Directive into UK law by the July 22, 2013, deadline, among other recent regulatory developments, as outlined below.

HM Treasury (Treasury)

Treasury Makes Regulations to Implement EU Alternative Investment Fund Managers Directive (AIFMD)

Treasury has made the final version of the Alternative Investment Fund Managers Regulations 2013 (AIFM Regulations). The AIFM Regulations implement the AIFMD and took effect from July 22, 2013. They cover many aspects of the AIFMD, including:

• definitions, including those of alternative investment fund (AIF), alternative investment fund ...