Author: Ria Micallef

The distribution of funds on a cross-border basis within the European Union is the next important topic of the year for EU fund managers. The relatively new CBDF framework, which will come into force on August 2, will impact alternative investment fund managers (AIFMs) and UCITS management companies (UCITS ManCos) as they will have to ensure that marketing communications produced for funds under their management are compliant with this new framework. This article is aimed at: (i) providing a brief overview of the CBDF framework; and (ii) discussing the main challenges that AIFMs and/or UCITS ManCos may face once the…

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