The Irish Funds Industry Association (the “IFIA”) has issued a response to the European Securities and Markets Authority (“ESMA”) Consultation Paper on “ESMA’s draft technical advice to the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive.” (ESMA/2011/209).

The IFIA welcomed the opportunity to comment on the Consultation Paper and in addition to its response to the questions, also submitted some general comments.

The deadline for feedback was 13 September 2011. ESMA is aiming to submit its advice to the European Commission by the deadline of 16 November 2011.