Alternative Investment Fund Managers making use of the transitional provisions within the AIFMD are reminded that the deadline for the submission of an application for authorisation is 22 July 2014. Note that such firms must comply with all relevant AIFMD requirements from that date, notwithstanding that their applications haven’t been determined by the FCA.
It will be recalled that this application deadline arose from a volte-face by HM Treasury/FCA (see Regulatory Roundup 52) – the earlier view was that firms had to be authorised by 22 July (albeit that this view did not seem in accord with the wording in Article 61(1) of the AIFMD).
Complyport has considerable experience of the FCA authorisation process, including authorisations under the AIFMD. Should firms require any assistance with their AIFMD authorisation then please contact us at info@complyport.co.uk.
