Alternative Investment Management Association Representing the global hedge fund industry
The Alternative Investment Fund Managers Directive (AIFMD) includes rules on remuneration applicable to AIFMs. Under Article 13 of the AIFMD, the European Securities and Markets Authority (ESMA) is required to develop further guidelines on the application of the AIFMD remuneration requirements and is required to cooperate closely with the European Banking Authority in developing these guidelines.
Read more about AIFMD here.
Response to FCA's consultation - AIFM Remuneration Code Guidance (November 2013)