• Service: Tax, Legal, Financial Services Legal, Financial Services
  • Industry: Investment Management
  • Type: Business and industry issue
  • Date: 1/8/2014

AIFMD: Impact on Swiss Financial Intermediaries 

The introduction of the Alternative Investment Fund Managers Directive (AIFMD) in the European Economic Area (EEA) will also affect Swiss financial intermediaries.
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As a third country, Switzerland is forced to integrate the basic principles of AIFMD in its own legislation. Despite this, market access to the EEA is far from a given. The revised collective investment schemes legislation in Switzerland as well as the actual AIFM and local law of the individual member states will have to be taken into consideration.


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AIFMD – Challenges for the Swiss fund industry

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The EU Directive on Alternative Investment Fund Managers (AIFMD) must be implemented by EU member states by the middle of 2013. For the Swiss financial centre, this will require action.