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25 April 2010

AIMA: G20’s call for a "consistent and coordinated" approach on AIFMD should be considered


AIMA called on EU policymakers to take note of the G20’s statement on AIFMD and to work more closely with the authorities in the jurisdictions where the overwhelming majority of hedge fund managers are located without establishing unnecessary barriers to free and open markets, and investor choice.

“We were pleased to see the G20 finance officials call again for a "consistent and coordinated" approach to the oversight of hedge funds. For a global industry, this is important, and is supportive of the goals set by global leaders. While hedge funds are not themselves systemically important institutions, they can help to provide systemically relevant data reporting in the interests of financial stability.
As concerns the AIFMD, we hope EU policymakers will take note of the G20’s call for a "consistent and coordinated" approach and seek to work more closely with the authorities in the jurisdictions where the overwhelming majority of hedge fund managers are located and the greatest supervisory experience exists, and thereby look to create a well balanced and consistent regulatory framework for hedge funds and other alternative investment vehicles, without establishing unnecessary barriers to free and open markets, and investor choice.”




© AIMA - Alternative Investment Management Association


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