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)