1. Glossary > Legal & Compliance
  2. AIFMD

The Directive on Alternative Investment Fund Managers (AIFMD; Directive 2011/61/EU) aims to create a comprehensive and effective regulatory and supervisory framework for managers of so-called alternative investment funds (AIF) (i.e., generally speaking, any European or foreign fund which is not a UCITS) at European level. The proposed Directive aims at providing robust and harmonised regulatory standards for all such managers (called ‘AIFMs’), within the scope of the Directive and enhancing the transparency of the activities of AIFMs and the AIFs they manage towards investors and public authorities.

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