European Union Member States Readiness for AIFMD: Analysis by EY and AIMA

EY and The Alternative Investment Management Association Limited (AIMA) jointly conducted a survey to assess the readiness of EU members towards the full-fledged implementation of the Alternative Investment Fund Managers Directive (AIFMD). Their analysis of results were presented in the report “AIFMD: the road to implementation” of September 2013.

A regulatory framework for AIFs in the EU

The Alternative Investment Fund Managers Directive (AIFMD) is a means for regulating entities that either run or sell Alternative Investment Funds (AIFs) in the European Union. It became effective on July 22, 2013.

AIFs include closed end listed funds such as investment trusts, private equity, RE and hedge funds.

Implementation of AIFMD

The survey’s main thrust is on assessing the...