MFA's response to Treasury on the policy options for AIFMD implementation stresses:
- support for a flexible application of the provisions, and specifically argues against full application of the AIFMD to sub-threshold managers;
- the need for a review of section 235 Financial Services and Markets Act 2000 in the context of AIFMD implementation; and
- its support for the Government's plan not to place additional requirements for third country managers or funds under the private placement regime.
(Source: MFA Responds on AIFMD)