Sarah Jane Leake | Bloomberg LawImplementation of the Alternative Investment Fund Managers Directive – Financial Services Authority Discussion Paper DP12/1 of 23 January 2012 The Alternative Investment Fund Managers Directive1 (AIFM Directive) came into force on 21 July last year. Like all Member States, the UK must transpose the Directive's provisions2 into national law by 22 July 2013. In such a tight timeframe, there is therefore a great deal of work to be done. To stimulate discussion and debate with key stakeholders, the Financial Services Authority (FSA), on 23 January, published a discussion paper setting out material areas for policy development. This represents the first step in the process of implementing the Directive.
Amending UK Regulation
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