Capco: Regulatory Monitoring
On 1 May 2013, HM Treasury published the summary of responses on the consultation paper, which was published in January 2013. The government response did not allow for any substantial new requirements, but the annex with the Q&As did provide non-UK AIFMs with valuable information on the transitional period.
The Q&A document clarifies that non-UK AIFMs can also take advantage of the 12 month transitional provision period. This means that HM Treasury will amend the Directive to allow non-UK
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