directive will make it obligatory for investment managers located in the european union to be authorized or registered and with operational and organizational requirements
The directive will make it obligatory for alternative investment fund managers located in the European Union to be authorised or registered, and to comply with operational and organisational requirements, codes of conduct and transparency rules, and will make them subject to the power of the competent authorities of the Member States and of the European Securities and Markets Authority (ESMA) to supervise and to impose sanctions.
directive will make it obligatory for investment managers located in the European Union to be authorised or registered, and with operational and organisational requirements, codes of transparency rules, and will them subject to of the competent authorities of Member States and of the European and Markets Authority (ESMA) to supervise and to impose sanctions.