Fund Managers Gear Up for AIFMD Costs, Compliance

All financial services regulation from the European Commission presents market participants with a challenge, although few are as acute as the Alternative Investment Fund Managers Directive (AIFMD), which is set to introduce new levels of scrutiny and transparency to the European fund management industry. Compared with the Markets in Financial Instruments Directive (Mifid), Solvency I and II, and the European Market Infrastructure Regulation (EMIR), AIFMD will have the most far-reaching

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