CP12/32: Implementation of the Alternative ... - BVCA admin

CP12/32
Implementation of the Alternative Investment Fund Managers Directive
Q1: Although we will return to this issue in a later consultation,
once ESMA has completed its work on types of AIFM, do you
have any concerns or questions regarding our approach to
AIFMD scope as described in this chapter?
AIFMD provisions applicable principally to private equity fund managers
3.18 Articles 26-30 of AIFMD contain requirements for managers which acquire control of
unlisted companies. We did not mention these provisions in DP12/1. The Treasury in its
consultation will explain that it intends to designate the FCA as the competent authority
for these provisions. We will revisit the application of these provisions in CP2.
Annex X
26 Financial Services Authority November 2012