BELGIUM: Belgium implements Alternative Investment Fund Managers Directive (AIFMD)

Tuesday June 24 2014

The Moniteur Belge has published the law of 19 April 2014 on Alternative Investment Funds (AIFs) and Alternative Investment Fund Managers (AIFMs).

The scope of the current funds law dated 3 August 2012 has been narrowed to cover UCITS and dedicated securitisation vehicles (SICs/VBSs), with the new law of 19 April 2014 covering AIFs and AIFMs. These AIFs include sicafis/vastgoedbevaks, pricafs/privaks, sicavs/bevaks investing in financial instruments and in cash, as well as other Belgian funds that are currently unregulated.

Click on the above link for access to the law. (Only available in Dutch and French)