Global

Details

  • Industry: Financial Services, Investment Management
  • Type: White paper
  • Date: 12/17/2012

Non-compliance will impact ability of AIFMs to raise funds 

Non-compliance impact
Delaying preparations for the final AIFMD rules will not be without its consequences. In fact, those who fail to achieve compliance by the deadline will be prevented from raising new funds in Europe.

In addition, firms that choose to wait until early 2013 to conduct their assessments and to embark upon their implementation plans are likely to find themselves racing against the clock. In some cases, because of the anticipated bottleneck of AIFMs looking to fast-track their compliance efforts in early 2013, some firms may experience challenges in securing the services of qualified external resources specializing in the AIFMD due to the dynamics of supply and demand.


By undertaking their impact assessments and implementation plans now, AIFMs can position themselves for compliance without putting excessive pressure on their internal resources and budgets in the short term.

 

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