Publication
Mar 2013
EU member states have to transpose the alternative investment fund managers Directive (AIFMD) into national law by July 2013. This commentary focuses on four key aspects of the directive: the limits to delegation of risk and portfolio management, the depositary duties and liabilities, the measurement of leverage, and the frequent recourse to the proportionality principle in the delegated Regulation.
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English (PDF, 6 pages, 378 KB) |
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Author | Mirzha de Manuel Aramendía |
Series | CEPS ECMI Commentaries |
Issue | 34 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2013 Mirzha de Manuel Aramendía |