Guidelines on key concepts of the AIFMD - Esma - Europa

Date: 19 December 2012ESMA/2012/845Responding to this paperESMA invites comments on all matters in this paper and in particular on the specific questions summarisedin Annex I. Comments are most helpful if they:indicate the specific question to which the comment relates and respond to the question stated;contain a clear rationale, clearly stating the costs and benefits; anddescribe any alternatives ESMA should consider.ESMA will consider all comments received by 1 February 2013.All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input -Consultations’.Publication of responsesAll contributions received will be published following the close of the consultation, unless you requestotherwise. Please clearly and prominently indicate in your submission any part you do not wish to bepublically disclosed. A standard confidentiality statement in an email message will not be treated as arequest for non-disclosure. A confidential response may be requested from us in accordance with ESMA’srules on access to documents. We may consult you if we receive such a request. Any decision we make notto disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.Data protectionInformation on data protection can be found at www.esma.europa.eu under the heading ‘Legal Notice’.Who should read this paper?This document will be of interest to asset management companies and trade associations of asset managementcompanies managing funds falling in the scope of the Alternative Investment Fund ManagersDirective and investors investing into such funds.ESMA • CS 60747 – 103, rue de Grenelle • 75345 Paris Cedex 07 • France • Tel. +33 (0) 1 58 36 43 21 • www.esma.europa.eu