Global

AIFMD: Prepare for takeoff 

The European Commission drafted one of the most ambitious and complex regulatory reform agenda's ever introduced into the asset management industry in the form of the Alternative Investment Fund Managers Directive. The European Commission released its first draft of AIFMD on 30 April 2009 and after an intense, often controversial and highly-political debate, the Directive was finally adopted and published on July 2011.

The following are a number of the most pressing issues that AIFMs should be focusing on as the compliance deadline for the AIFMD approaches:

RemunerationDelegationAppointing a DepositaryValuationIT and Data ManagementRisk ManagementPrivate Equity FundsStrategy and PassportingReal Estate investment FundsGet your firm AIFMD readyimplications facing non-EU AIFMs

Organizations will be forced to implement significant changes to their capital, clients, business operations and regulatory compliance and reporting very quickly, with hard deadlines looming on the horizon. The stakes are high on several key fronts, including risk mitigation, competition and profitability. Those firms that have not already conducted an in-depth inmpact analysis of the AIFMD for their business would be well advised to do so without delay, as the business implications are significant, the amount of work to be done is substantial and the timelines for preparation are becoming increasingly short.

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Contacts

Georges Bock

Global Sponsor of AIFMD
KPMG in Luxembourg


Heleen Rietdijk

Global Leader of AIFMD

KPMG in Ireland

AIFMD: Re-shaping for the future - Fourth edition

AIFMD - Fourth edition
The AIFMD will have a significant re-shaping effect on the alternative investment fund industry in Europe and beyond.

AIFMD Transposition Status

AIFMD Transposition Status
The deadline for European Union (EU) member states to transpose the Alternative Investment Fund Managers Directive (AIFMD) into national law has now passed: 22 July 2013.