What is AIFMD?
- Creates a single EU market for funds
- The passport allows funds to be marketed across borders
- Non-EU funds can market into the EU via private placements till 2015
- Non-EU funds can apply for the passports now but not have access till 2015
- Post 2015 AIFMD will create a level-playing field to EU and non-EU funds marketing in the EU
- It is to protect investors in the EU from the JOBS Act in the US
Find out more on the subject on the blog by clicking here.