Implications facing non-EU AIFMS 

While the majority of the attention regarding the impact of the AIFMD has focused on AIFMs based in the EU, the Directive also applies to non-EU AIFMs to the extent they are managing or marketing alternative investment funds in the EU (regardless of whether the funds originated inside or outside the EU). Accordingly, there are a number of important issues around operations, Information Technology, marketing and regulatory compliance that in-scope non-EU firms will need to consider.
  • How to best address tax/local laws, issues and costs?
  • How to handle delegation to US or third country entities?
  • Costs of compliance?
  • Use of local private placement regimes?

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Georges Bock

Global Sponsor of AIFMD
KPMG in Luxembourg

Heleen Rietdijk

Global Leader of AIFMD

KPMG in Ireland

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Fund Views Video

KPMG's Georges Bock and Charles Muller discuss the substantial strategic impacts on asset managers of the AIFMD "Level 2" implementing measures that were released by the EU Commission on 19 December 2012.