Cross-Border Distribution Of Investment Funds

Author:Arthur Cox
Profession:Arthur Cox
 
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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...

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