AIFMD Debate Moves From Theory To Practice

The AIFMD debate on third country passports is moving from the theoretical towards discussion about how passporting will work in practice for third countries, London delegates at Guernsey funds event heard last week. 

Guernsey was endorsed as a leading fund domicile at the Guernsey Finance masterclass at the British Museum, jointly sponsored by Ogier.

"The consensus was that national private placement was working well for Guernsey.  But the real interest was that the AIFMD debate on third country passports is moving from the theoretical towards discussion about how third country passporting will work in practice," said Ogier partner Frances Watson, who was among the 300 delegates.