AUSTRIA: FMA signs MoUs with non-EU countries on AIFMD

Thursday August 29 2013

The Austrian Financial Markets Authority (FMA) has announced the signing of Memorandums of Understanding (MoUs) with a number of regulators in countries outside of the European Union. Eleven such MoUs have been signed and a further five agreements are nearing completion. The finalised agreements are with Australia, Bermuda, Canada, Guernsey, Hong Kong, Japan, Jersey, Malaysia, Singapore, Switzerland and the USA

Under these agreements required by the AIFMD, each regulator agrees to help each other supervise fund managers operating across borders and will exchange regulatory information upon request by each authority.

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