Phasing Out the AIFMD National Private Placement Regime? Since its introduction in 2011, the AIFMD National Private Placement Regime has provided an avenue for European investors to access alternative investment strategies hosted and managed outside of Europe. Whilst this regime is mainly and essentially a local law affair – and has its limitations, both objective…
Good Governance. Keeping the Board Informed About UCITS Cross-Border EU Registrations In the EU domiciles with the most evolved fund governance standards, the board of directors of UCITS management companies plays a pivotal role with regards to UCITS Cross-border EU registrations. The board of directors, in fact, will have a say ex-ante on distribution, to…
Mind the Gap. UK Facilities Agent Services and TPR Notification The UK is today still fictitiously part of the EU during what is defined, in Brexit jargon, Transition Period. With no hopes for the Transition Period to be extended beyond the original 31st December 2020 deadline, fund managers have still the choice to use the…