Regulatory Alerts2013-11-15
Added · Updated
Alternative Investment Funds and UCITS Regulatory Overview
The document defines Alternative Investment Funds (AIFs) and Undertakings for the Collective Investment in Transferable Securities (UCITS) under the Financial Supervision Act (Wft). It establishes that marketing participation rights in these collective investment vehicles is prohibited unless the manager holds appropriate authorization from the Netherlands Authority for the Financial Markets (AFM). De Nederlandsche Bank (DNB) exercises prudential supervision over compliance with the Wft by investment vehicles located in the Netherlands.
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