ESMA Publishes Opinion on Late Transposition of AIFMD

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On August 1, the European Securities and Markets Association (ESMA), published an Opinion (ESMA/2013/1072) containing practical arrangements to address the issue of late transposition of the Alternative Investment Fund Managers Directive (2011/61/EU) (AIFMD). AIFMD was supposed to be transposed into member states’ national law by July 22, but with some states failing to meet the deadline, ESMA’s Opinion aims to minimise the impact on industry and investors. Opinion.

Topics:  AIFMD, ESMA, EU, Investment Funds

Published In: Finance & Banking Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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