Guernsey Masterclass To Weigh Up AIFMD NPP And Passporting Regimes

Options available to fund managers marketing into Europe under the Alternative Investment Fund Managers Directive (AIFMD) will be the focus of a Guernsey funds masterclass in London next year.

The event, which takes place at the British Museum on Wednesday 3 February, will feature a panel debate among leading figures from the funds industry and a keynote speech from Lord Flight. The panel discussion will examine the benefits and suitability of National Private Placement (NPP) regimes and third country passporting under AIFMD.

In July the European Securities and Markets Authority (ESMA) made its recommendation to grant Guernsey a third country passport after the Island had demonstrated its ability to satisfy the criteria required under AIFMD.