Clifford Chance

AIFMD marketing for third country managers – deadlines and dilemmas

25 March 2014

The AIFMD transitional period will end at the latest on 22 July 2014. Many third country managers have relied on this ‘grace period’ since the AIFMD was transposed in most EEA countries in July 2013 and have only recently taken their first tentative steps towards registering under the AIFMD’s private placement rules (known as the ‘Article 42 requirements’) which will apply after July 2014. However, these registration processes have proved far from straightforward, hindered by diverging requirements and lack of clarity. This briefing examines some of the practical issues that have arisen and the deadlines that should be borne in mind as the expiry of the grace period looms on the horizon.

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