The new guide, entitled AIFMD: Transposition Status, provides an overview of the impact of AIFMD with listings for all the countries impacted by the directive: Denmark, Finland, France, Germany, Ireland, Luxembourg, Netherlands, Spain, Sweden, and the United Kingdom.
Georges Bock, KPMG’s Luxembourg-based global sponsor of AIFMD, said fund managers around the world will need to fully understand the impact of the new directive – which seeks to regulate the non-UCITS fund sector – in the countries in which they are based, and/or market to.
He added:“The Directive is going to have a significant impact on AIFMs’ EU strategy – and the current requirements of each country are different. We are providing a comprehensive guide, so that fund managers can get up to speed and determine what they need to do, country by country.”
Heleen Rietdijk, KPMG’s global leader of AIFMD, who is based in the UK, added that, with the new directive now in force, AIFMs will now need to make important strategic decisions, "balancing the size of the opportunity in countries with the cost of registration and other requirements in the countries where they operate".
She added: “For the majority of EU member states, there will be a transitional year until July 2014, but AIFMs need to begin now to plan their strategies.
"AIFMD: Transposition Status provides vital information to assist in that planning process.”
To read and download a copy of the KPMG guide, click here.
