
The AIFMD was introduced to provide a common regulatory regime for managers of non-UCITS funds, creating a single European market in this area.
Understanding a new regulation and more importantly its impact can be challenging, particularly when confusion exists around the detail.
We have been working with a number of fund managers and service providers to prepare their response to AIFMD. Whilst doing this, we have identified a number of common challenges that fund managers will need to address when implementing a regulatory change programme.