FSA's Recent Directive Receives Round One of CriticismVW Staff
In January, the Financial Services Authority (FSA) kicked off the new year with the the paper, Implementation of the Alternative Investment Fund Managers Directive. The regulator discussed its future compliance plans for fund managers, depositaries, valuers and administrators.
The FSA plans to implement, beginning in July 2013, "significant changes" to regulate alternative fund managers working . . .
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