ESMA clarifies rules for alternative investment funds and their managers                            
                        
								DECEMBER 19, 2012                            
							
                        The European Securities and Markets Authority (ESMA) has launched a consultation on Guidelines on key concepts of the Alternative Investment Fund Managers Directive (AIFMD). The Directive provides the legal framework for both alternative investment funds (AIFs) and their managers (AIFMs).
Read full ESMA Press Release.
                    