2015

Dec 03

Heritage Depositary Company (UK) Limited, a Heritage company authorised by the FCA, has been appointed as depositary to Regional REIT Limited which is a partnership between Toscafund Asset Management LLP, the Investment Manager and London & Scottish Investments Limited, the Asset Manager of the property portfolio.

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Nov 02

On 13 October 2015, Steven Maijoor, the Chair of the European Securities and Markets Authority (‘ESMA’) addressed the Economic and Monetary Affairs Committee at the European Parliament regarding the application of the Alternative Investment Fund Managers Directive (‘AIFMD’) passport to non-EU Alternative Investment Fund Managers (‘AIFMs’) and Alternative Investment Funds (‘AIFs’).

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Sep 14

Guernsey has recently amended The Investor Protection (Designated Countries and Territories) Regulations in order to allow the promotion in the island of Alternative Investment Funds within EU Members States that have fully implemented the EU Alternative Investment Fund Managers Directive (“AIFMD”).

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