In March 2018, the European Commission ("Commission") proposed amendments to both the UCITS and AIFM Directives aimed at removing identified regulatory barriers to the crossborder distribution of investment funds. On 5 February 2019 political agreement on these proposals was reached. The key legislative changes will include a definition of "pre-marketing" under AIFMD, which will permit alternative fund managers to more easily test the appetite of potential professional investors in new markets; and harmonising the de-notification procedure. The final texts of...
Cross-Border Distribution Of Investment Funds
To continue readingREQUEST YOUR TRIAL