KPMG publishes guide to AIFMD
New KPMG publication aims at being a resource for understanding EU member state transposition of Alternative Investment Fund Managers Directive.
KPMG International has produced “AIFMD: Transposition Status”, an overview of the status and requirements for AIFMs in the EU, to help Alternative Investment Fund Managers (AIFMs) in understanding where key member states are in the process and the impact in those countries.
“Fund managers around the world need to know the impact of the Directive in the countries where they are based, or market to,” said Georges Bock, Global Sponsor of AIFMD, with KPMG in Luxembourg.
“The Directive is going to have a significant impact on their EU strategy – and the current requirements of each country are different. We are providing a comprehensive guide so that fund managers can get up to speed and determine what they need to do, country by country.”
KPMG’s publication provides an overview of the impact of AIFMD with country by country status for Denmark, Finland, France, Germany, Ireland, Luxembourg, Netherlands, Spain, Sweden, and the United Kingdom.
“AIFMs need to make important strategic decisions, balancing the size of the opportunity in countries with the cost of registration and other requirements in the countries where they operate,” said Heleen Rietdijk, Global Leader of AIFMD, with KPMG in the UK.
“For the majority of EU member states there will be a transitional year until July 2014, but AIFMs need to begin now to plan their strategies. ‘AIFMD: Transposition Status’ provides vital information to assist in that planning process.”