The Alternative Investment Funds Directive 2011 (AIFMD) is EU legislation with particular implications for hedge funds, private equity, real estate funds among others. It came into force in July 2011.
It was the first EU level legislation to regulate Alternative Investment Fund Managers (AIFMs) and was part of the G20 nations’ response to the financial crash of 2008.
Key provisions of AIFMD enforce greater transparency for AIFMs and ensure that national supervisory boards, the European Securities and Markets Authority (ESMA) and the European Systemic Risks Board (ESRB) have all the information they need to monitor systemic risk.
Ensuring compliance with the AIFMD regime continues to be a pressing issue for many firms. To learn more how the SteelEye platform can help, Book a Demo