DENMARK: FSA consultation on Denmark substantial acquisitions in AIFMs

Thursday May 1 2014

The Danish FSA has published a consultation setting out draft rules on Denmark substantial acquisitions in alternative investment fund management companies.

The draft rules set down the framework as regards documents and information to be submitted to the FSA, and the application process for approval of ownership of qualifying holdings in companies seeking permission to manage alternative investment funds or increase qualifying holdings in managers of alternative investment funds.

Any comments must be sent by 30th May 2014.

Comments may be sent by e-mail NIV@ftnet.dk or by post to Finanstilsynet, Århusgade 110, 2100 København Ø, FAO: Nikolai Villumsen.

The notice is expected to enter into force on 1 July 2014.