With the new Alternative Investments Fund Managers Directive (the Directive or AIFMD), non-European Union fund managers of hedge funds, real estate funds, private equity, and other alternative investments have been significantly impacted beginning in 2014. As the European Securities and Markets Authority (ESMA) has published its final guidance around compliance with reporting requirements and individual European regulators are starting to publish specific guidance for reporting in their respective countries, we understand that U.S.-based managers need clarity on these reporting requirements.
Following our last AIFMD session on April 15, we invite you to understand how the new reporting guidance and requirements will impact your business. Please join KPMG LLP (KPMG) professionals Mikael Johnson, Heleen Rietdijk, and Chris Rose for a panel discussion on the challenging questions U.S. investment advisers should now be considering, such as:
Do you understand your reporting requirements under the AIFMD: disclosure to investors, annual financial statement reporting and frequent regulatory reporting?
Are your management information systems up to date with regard to required reporting and transparency?
To how many countries are you marketing, and are there any differences between those countries with regard to transparency?
When do you need to be transparent according to the AIFMD?
What do you need to disclose with regard to remuneration?