The Financial Conduct Authority (FCA) has recently published on its webpages, four sets of questions and answers on the passporting process under the Alternative Investment Fund Managers Directive (AIFMD):

  • To help with the passporting process:
    • Q&A relating to full-scope alternative investment fund managers (AIFMs) managing authorised investment funds (AIFs);
    • Q&A for full-scope UK AIFMs marketing AIFs;
    • Q&A on general information relating to passporting; and
  • To assist with the application process:
    • Q&A for full-scope AIFMs.

Links to the Q&As have been added to the Resources section of our AIFMD microsite.