Offshore: A step too far
The EU's draft directive on alternative investment fund managers has been greeted with almost universal disapproval. While proportionate and prudent regulation of systemic risk is accepted as desirable by nearly all in the industry, the directive is seen as attempting to introduce a level of regulation that goes too far, fails to focus on systemic risk and in many aspects may, in fact, be counterproductive. Its one-size-fits-all approach and hasty construction have generated screeds of analysis and criticism from the industry, investors and regulators alike
The EU’s draft directive on alternative investment fund managers has been slated as overly strict by much of the legal industry. Paul Govier examines its effect on European investors looking outside the EU
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651