National Private Placement Regimes (NPPRs) are proving an
increasingly popular means of marketing into Europe and, as such,
we've published four case studies to demonstrate how
they're being successfully used.
Jersey offers easy and cost-effective marketing into the EU
through NPPRs, providing non-EU fund managers with an attractive
alternative to the Alternative Investment Fund Managers Directive
(AIFMD) passport. The AIFMD 'passport' allows EU investment
funds to be distributed across the EU. However, the EU investment
fund market is still predominantly a national market - in fact,
only 3% of EU AIFs are registered for sale in more than three
Member States.
NPPR works thanks to bilateral agreements between Jersey's
financial regulator and those in each EU Member State - and Jersey
has these in place with the majority of EU countries, as this
interactive tool illustrates. These agreements will not be
impacted by Brexit and the regime will continue to operate for
