Funds regulation is meant to be painful
Monday 21st January 2013, 11:00AM GMT.
REGULATION of the funds sector globally is likely to get tougher, an audience of funds professionals has been warned.
KPMG brought members of its global and European investment management leadership teams to the island for a breakfast seminar exploring the Alternative Investment Fund Managers Directive and what it called ‘the new regulatory frontier’.
Guernsey is seen to have made a significant move in confirming plans to operate parallel regulatory regimes for investment funds – one fully compliant with the EU’s AIFMD and also maintaining existing regulations for investors and managers outside the scope of the directive.
Oli Morris, pictured, from KPMG in Jersey, who spent time on secondment with the British Venture Capital Association and remains active in private equity markets in London, said that the debate over the regulatory regime was far from the only issue to be ironed out on the EU directive.
CampaignsVoice For Victims
Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.