Capco: Regulatory Monitoring

AIFMD – Regulation implemented; next steps emerge

On 22 July 2013 the AIFMD legislation entered into force. A lot of ground was covered in the last month leading up to the deadline. 

Firstly, in order to ensure proper supervision, Memoranda of Understanding (MoUs) were negotiated with the relevant authorities in jurisdictions such as the US, Hong Kong, Singapore and Switzerland (amongst others). ESMA has negotiated the MoUs centrally, but since these are bilateral agreements, they must be

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