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A Practical Guide to AIFMD


BPP Professional Education

Summary

Price
£738 inc VAT
Study method
Classroom
Duration
1 day · Full-time
Qualification
No formal qualification
CPD
6 CPD hours / points
Additional info
  • Tutor is available to students

Location & dates

Location
Address
Venue may change up to 14-days before the course start date’
9-10 Portland Place
West London
London
W1B1PR
United Kingdom

Overview

The Alternative Investment Fund Managers Directive (AIFMD) is a regulatory framework for alternative investment fund managers (AIFMs), including hedge funds, private equity funds, and real estate funds. AIFMD was implemented across Europe in July 2013 as part of a programme to enhance the supervisory oversight of Alternative Investment Managers (AIFs), create new standards to protect investors further, and create a level playing field across Europe for alternative investment firms.

This interactive one-day course gives a practical account of the history, the regulatory requirements for firms and an opportunity to discuss future challenges.

Venue may change up to 14-days before the course start date. Enquire for dates.

CPD

6 CPD hours / points
Accredited by BPP Professional Education Limited

Description

Delegates

Management, compliance and administration professionals whose companies are regulated by FCA, particularly Managers of AIF, their professional advisers, and depositary/prime brokerage professionals.

Course content

  • The Background to AIFMD
  • Background and drivers
  • FCA principles
  • Exemptions; special interest entities
  • AIFMD Requirements
  • Examine key compliance areas including capital and professional indemnity; conduct of business requirements; remuneration; organisational conditions and delegation requirements
  • Analyse the reporting and disclosure requirements
  • Define the marketing, access and private placement requirements
  • Clarify the risk, liquidity and valuation rules
  • AIFMD Participants
  • Identify the key market participants
  • Examine the function and operation of prime brokers, hedge funds and private equity, and Real Estate Investment Trusts (REITs)
  • Assess the role and obligations of the depositary
  • Future Challenges
  • Assess the AIFMD risks
  • Discuss the Changing regulatory landscape
  • Examine the challenges for senior managers and changing cultures
  • Engaging and reporting on irregularities

Learning outcomes – the course will:

  • Explain the background and importance of the Alternative Investment Fund Managers Directive (AIFMD)
  • Establish the practical requirements for the management, administration and marketing of AIFs
  • Clarify the regulatory risks and the expectations of firms to resolve them
  • Discuss related regulatory developments including changes to the accountability regime and the market in financial services directive (MiFID II), Brexit

"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."

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