An Overview of the AIFM Directive
- Podcast Location:
- Download it here [file size: 34 MB]
- Categories:
-
Banking and Financial Services
- CPD Points:
- Up to 1 point. details »
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- Length:
- 30 minutes of audio
(+ optional 5 minute online quiz) - Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
This podcast aims to give the listener an overview of the AIFM Directive, which attempts to provide a tighter regulatory framework for hedge funds and private equity funds following the financial crisis. In particular, it examines the definitions provided in the directive for Alternative Investment Funds and Fund Managers before looking at the body of the regulation. In this podcast there is discussion of the key provisions in the directive, with a particular focus on the initial capital requirements, regulation and remuneration of staff, the rules regarding the depositary, valuator and liquidity standards. The EU passport and the role of ESMA are concepts that are also explored.
- Outcomes:
- After completing the course you will:
- Understand the role of the AIFM Directive within the regulatory landscape;
- Be aware of the different provisions regarding hedge funds and private equity funds;
- Recognise an AIF;
- Know who will fall under the definition of an AIFM;
- Appreciate the intial capital requirements;
- Know the designation, functions and liability of the depositary;
- Be aware of the functions of the valuator;
- Understand the rules relating to liquidity standards and use of leverage;
- Know the rules regarding the delegation of AIFM activities;
- Understand the role of ESMA;
- Be aware of the EU passport.
- Level:
- Specialist
- Classification:
-
Legislative Updates
Market Update / Hot Topic
- Sources and References:
-
- Alternative Investment Fund Managers Directive (AIFM Directive).
In this podcast, Jonathan Herbst from law firm Norton Rose gives an overview of the Alternative Investment Fund Managers (AIFM) Directive which was recently approved by the EU parliament.
Podcast last reviewed: 2011-09-12
