The European Securities and Markets Authority has published its final advice on the detailed rules underlying the Alternative Investment Fund Managers Directive: see here. The purpose of ESMA's proposed rules is to establish a comprehensive framework for alternative investment funds, their managers and depositaries.
Thursday, 17 November 2011
Europe: ESMA's AIFM Directive rules
The European Securities and Markets Authority has published its final advice on the detailed rules underlying the Alternative Investment Fund Managers Directive: see here. The purpose of ESMA's proposed rules is to establish a comprehensive framework for alternative investment funds, their managers and depositaries.
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