Thursday March 13 2014

News Source: Fund Regulation

Focus: AIFMD

Type: General

Country: Germany




The Bermuda Monetary Authority (the Authority) has signed a Memorandum of Understanding (MoU) with Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), in relation to the European Unions’ Alternative Investment Funds Managers Directive (AIFMD).

The MoU, the 27th agreement concluded with the Authority under the AIFMD, provides for mutual assistance between supervising managers of alternative investment funds who operate on a cross-border basis in both jurisdictions.

Click on the above link for further details.