ESMA''''''''s technical advice to the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive doc

... the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive 20 from the calculation of the total value of assets under management. The ... requested to advise the Commission on the best way to determine ongoing adjustments of the additional own funds or of the coverage of t...

Ngày tải lên: 23/03/2014, 11:20

... MANAGERS DIRECTIVE: IMPACT ON NON-EU FUND MANAGERS WHAT IS THE ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE? The Alternative Investment Fund Managers Directive (the “ Directive ”) aims to ... regulator in the home member state of the AIFM and a requirement to provide to the regulator information on the investment strategies of the...

Ngày tải lên: 16/03/2014, 05:20

... implementation locally in the member states of the European Union (“EU”). The Commission chose this method of implementation to ensure a harmonised application of the AIFMD rules and to create ... impact on alternative fund managers (“AIFMs”) and the funds they manage (“AIFs”) whether they are European based or simply distribute their funds in the EU. 1. D...

Ngày tải lên: 16/03/2014, 05:20

... powers. Their tasks include the provision of technical advice to the Commission on implementing measures 24 , the development of binding technical standards 25 (for adoption by the Commission) ... that the precise scope, content and extent of its application to them will be contingent on a number of factors. These factors include the Commission s...

Ngày tải lên: 23/03/2014, 11:20

... general considerations on the questions included in the European Commission “Provisional request for a technical advice on the Directive for Alternative Investment Fund Managers (AIFM) level 2 measures . ... Implementing measures on the Alternative Investment Fund Managers Directive Assogestioni appreciates CESR’s initiative to consult all r...

Ngày tải lên: 23/03/2014, 12:21

... types of AIFM, where relevant in the application of the AIFMD, and to ensure uniform conditions of application of the AIFMD. Contents Definition of AIFM This section of the discussion paper ... from the definition of AIF? 6. Do you have any alternative/ additional suggestions on the content of these criteria? 7. Do you agree with the orientations se...

Ngày tải lên: 30/03/2014, 14:20

... level of investor protection. The proposed Directive requires AIFM to provide to their investors a clear description of the investment policy, including descriptions of the type of assets and the ... 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with regard to the processing of perso...

Ngày tải lên: 19/02/2014, 09:20

... to understand the eventual effects that can stem from the implementation of the proposals. Therefore, the ESBG supports the European Commission s intent to carefully consider the possible impact ... covered bonds issued in order to fund lending to the real economy. Due to the difficulty of carrying out this definition, the Liikanen Group has opted to...

Ngày tải lên: 15/03/2014, 10:20

... However, use tonne not ton (‘ton’ refers to the non-metric measure). 2.10 Write metre for the unit of length, meter for measuring instruments. 2.11 A(n) historical. The use of an rather than ... that if the subject of the second sentence is omitted, or if the conjunction is ‘and’ or ‘or’, the comma is not obligatory: The committee dealing with the question of c...

Ngày tải lên: 24/02/2014, 18:20

... validation of the top-down model, reconciliation of both approaches being assumed to best reflect the situation of an efficient operator. 2.3.3 The allocation of the costs The Directives ... benchmarks the Member States for each of the themes analysed. In the confidential report delivered to the European Commission, the underlying detailed descri...

Ngày tải lên: 15/03/2014, 22:20