After several years of preparation, from 22 July 2014 any alternative manager marketing into the European Economic Area (EEA) needs to comply with EEA member state approval/notification requirements under the AIFMD and, in the case of an EEA manager, also be authorized by it’s home state regulator as an AIFM. Citco has implemented its service offerings designed to help clients to comply with the directive, as previously communicated in various client forums and updates.

Guidance still being updated

The 1 July 2014 effective date for the implementation of FATCA has passed and Citco has been busy implementing our compliance solution.

Hedge fund managers must offer customised reporting in order to attract and maintain allocations from the largest investors.

Operational due diligence should now include sophisticated analysis of administrators’ controls, systems and workflows.