KPMG can assist depositary banks and asset managers in assessing the impact and initiating an implementation project for AIFMD.
KPMG has been exposed to the AIFMD challenge over the past year and months. Senior Resources have all been involved in discussions on AIFMD in relevant trade bodies (Alfi, Efama, AIMA, LPEA,…). Together, they represent among the best AIFMD expertise you may find on the market.
KPMG has built tools (Depositary Review, K-First,…) that will facilitate the process of assessing the regulatory, strategic and operational implications.
KPMG has been very recently advising several large players of the Asset Management industry. The experience from these projects will highlight the perceptions and the expectations that clients of an Asset Servicer may have relating to AIFMD.
Furthermore, KPMG has a long experience in assisting the fund industry through the implementation of new regulations and can provide the full range of services that Alternative Investment Funds Managers would require to (re)domiciliate Alternative Investment Funds in Luxembourg and to strengthen risk management processes.
Cutting through Complexity
Complying with AIFMD is much more than a purely technical regulatory exercise. Compliance projects will have wide-ranging impact on a fund manager’s systems and processes, people and businesses beyond just the risk management, compliance and finance functions. In addition to the technical issues faced by a fund manager in complying with AIFMD, the complexity will also be determined by factors such as the number of countries in which they operate, the flexibility of IT systems, the level of communication between departments and the number of other strategic initiatives competing for budget and resources.