AIFMD

With substance and delegation requirements largely under control, asset managers are moving to the next phase of implementation and re-evaluating strategies created for Brexit

The asset management industry has widely welcomed the targeted approach of the review, but some changes relating to harmonisation and loan origination funds are expected

With little progress made on the non-EU passport regime under AIFMD, managers are now being forced to turn to the long-term option of re-domiciling funds

Esma gave five countries the passport green light a year ago, but it's been radio silence since

The FSB wants to make global asset management a safer place

The recommendations provide managers with some much-needed relief. If taken on board, it will speed up the equivalence process considerably

Managers could benefit from the extension of the current EU passporting regime. Work is underway to develop a suitable regulatory framework

Following Esma’s advice on extending the passport to countries outside the EU, the regulatory situation is everything but clear