AIMA

The Alternative Investment Management Association

Alternative Investment Management Association Representing alternative asset managers globally

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Regulation

AIMA’s Government and Regulatory Affairs Department aims to represent the voice of the hedge fund industry to policy makers, legislators and regulatory authorities around the world.  The team, drawing on the expertise and diversity of AIMA’s membership, engages proactively and constructively in shaping the global financial markets reform debate. We aim to promote the best interests of the industry and to enhance understanding of alternative investments. AIMA’s Government and Regulatory Affairs Department invests its time in direct contact and advocacy with key governments and authorities, responding to proposed legislation and consultations. We regularly host events and briefing sessions aimed specifically at policymakers to ensure that AIMA's voice is heard.

We also strive to keep members abreast of relevant developments which might affect their business. We do this by various means, including by:

  • summarising important legislation and regulatory developments from across the world;
  • producing guidance notes for our members on a variety of topics;
  • displaying member firms’ client alerts on specific hot topics; and 
  • providing links to the more important open consultations on matters relating to hedge funds.

AIMA seeks to maintain good relations with regulatory, fiscal and government authorities around the world and now has over 900 regulatory and policy contacts at more than 200 different authorities, to whom all AIMA educational material, responses, summaries and Guidance Notes are sent free of charge.

The Department is headed by Jiri Krol and is composed of three teams which are dedicated to Asset Management, Markets Regulation and Tax Affairs

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  6. Regulation
    1. Brexit
    2. Key topics at a glance
    3. Asset Management Regulation
      1. EU Asset Management Regulation
        1. AIFMD
        2. European Capital Markets Regulation
        3. MiFID / MiFIR
        4. UCITS
        5. European Venture Capital Directive
        6. Shareholder Rights Directive
        7. European Long Term Investment Fund Regulation
        8. Loan Origination Funds
        9. Capital Raising
        10. AIFMD-Related Events
      2. US Hedge Fund Adviser Regulations
        1. Registration and Reporting
        2. Incentive-Based Compensation
        3. JOBS Act
      3. Asia Pacific Asset Management regulation
      4. Other Jurisdictions’ Asset Management Regulation
      5. Private Placement Regime
        1. Canada
        2. Dubai
        3. Finland
        4. Germany
        5. Hong Kong
        6. Japan
        7. Saudi Arabia
        8. Sweden
        9. United Arab Emirates
      6. Systemically Important Financial Institutions ('SIFIs')
      7. Remuneration
        1. UK
        2. United States
        3. CRD IV and CRR
        4. AIFMD
        5. MiFID
      8. Shadow Banking
      9. Volcker Rule
      10. Other
      11. Systemic Risk Reporting
      12. Dealing Commission
      13. Corporate Governance
      14. Securitisation
    4. Markets Regulation
      1. Algorithmic and High Frequency Trading
        1. EU Automated Trading
        2. US Automated Trading
      2. Benchmarks
      3. Capital Markets Union
      4. Derivatives/Clearing
        1. BCBS - IOSCO
        2. EMIR
        3. Dodd-Frank Act Title VII
        4. Hong Kong
        5. MiFID II / MiFIR - Derivatives
        6. Singapore
      5. Market Abuse
      6. MiFID II / MiFIR
      7. Position Limits
        1. MiFID II - Commodities
        2. CFTC Position Limits
      8. Recovery and Resolution
        1. EU
        2. CPSS-IOSCO
        3. Financial Stability Board
      9. REMIT
      10. Securities Settlement
      11. SFT reporting & transparency
      12. Short Selling
    5. Tax Affairs
      1. Automatic Exchange of Information (AEOI)
        1. FATCA
        2. EU - AEFI
        3. OECD - Global Standard on AEFI
      2. Australia - Investment Manager Regime (IMR)
      3. Base Erosion - Profit Shifting (BEPS)
      4. FIN 48 and IAS 12
      5. Financial Transaction Tax (FTT)
      6. UK Investment Management Exemption (IME)
      7. UK Offshore Funds Regime
      8. Other
    6. AIMA's Policy Principles
    7. Search
    8. Resources
      1. Guidance Notes
      2. Noticeboard
        1. AEOI: FATCA and other regimes
        2. AIFMD
        3. Algorithmic and High Frequency Trading
        4. Bank/Capital Regulation (including NSFR)
        5. BEPS
        6. CFTC Registration and Exemptions
        7. Corporate Governance
        8. Dealing Commission
        9. Derivatives
        10. FTT
        11. MiFID / MiFIR
        12. Other Hot Asset Management Topics
        13. Other Hot Markets Topics
        14. Other Hot Tax Topics
        15. Position Limits
        16. Trading
        17. UCITS
        18. UK Partnership Tax Review
        19. US State and Local Taxes
        20. Volcker Rule
      3. Hedge Fund Manager Training
      4. Quarterly Regulatory Update
      5. Webinar Programme
      6. Regulatory Compliance Association
        1. About the Regulatory Compliance Association
        2. RCA Curricula and initiatives for alternative investment firms
        3. Meet the regulators and Sr. Fellows
  7. Education
    1. Research
      1. AIMA Research
      2. Industry research
      3. Surveys
        1. 2016 Global Hedge Fund Survey with KPMG and the MFA
        2. Private Credit
    2. AIMA Journal
      1. Recent issues
      2. Search AIMA Journal articles
      3. AIMA Journal archive: 2010-2012
    3. '25 Years in Hedge Funds'
      1. Introduction - AIMA's global mantra
      2. How the hedge fund industry has evolved over the last 25 years
      3. How the regulatory landscape has changed for hedge funds
      4. Separating fiction from reality: The most common and persistent hedge fund myths
      5. The next five years - where is the hedge fund industry headed?
      6. Virtual roundtable - Leading figures from the hedge fund industry look ahead to 2020
      7. Learning the lessons from the past
      8. Accessing hedge funds: how ‘solutions’ are the new FoHFs
      9. 'Big data': The growth of the global hedge fund industry
    4. "The Case for Hedge Funds"
      1. Global Hedge Fund Industry Paper: The value of our industry
      2. The Value of the Hedge Fund Industry to Investors, Markets and the Broader Economy: Research commissioned by AIMA and KPMG
      3. The Evolution of an Industry: KPMG/AIMA Global Hedge Fund Survey
      4. Contributing to Communities: A global review of charitable and philanthropic activities by the hedge fund industry
      5. Beyond 60-40: The evolving role of hedge funds in institutional investor portfolios
      6. The Cost of Compliance: Global hedge fund survey by AIMA, MFA and KPMG
      7. Capital Markets and Economic Growth: Long-term trends and policy challenges
      8. Apples and Apples: How to better understand hedge fund performance
      9. The Extra Mile: Partnerships between hedge funds and investors
      10. Key articles by AIMA on the case for hedge funds
    5. AIMA Guides to Sound Practices
    6. AIMA guides for institutional investors
    7. Transparent, Sophisticated, Tax Neutral - The Truth About Offshore Funds
    8. CAIA Association pages
      1. Fundamentals of Alternative Investments
    9. Regulatory Compliance Association pages
      1. About the Regulatory Compliance Association
      2. RCA Curricula and initiatives for alternative investment firms
      3. Meet the regulators and Sr. Fellows
    10. Certified Investment Fund Director programme
    11. Services to Start-up Managers
    12. Glossary
    13. Cyber Security Resources
  8. Events
    1. AIMA Events
      1. AIMA's Global Policy and Regulatory Forum
        1. 2016 Forum
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      3. AIMA APAC Annual Forum 2017
        1. Agenda
        2. Registration
        3. Sponsors and Supporting Organisations
        4. Logistics & Other Information
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    3. Industry events
  9. Media
    1. Press Releases & Statements
    2. AIMA's blog
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      1. Articles by AIMA
        1. Archive
      2. AIMA in the news
      3. Video interviews
      4. Industry news
    4. Media Contacts
    5. Press Materials

Sub Menu

  1. Brexit
  2. Key topics at a glance
  3. Asset Management Regulation
    1. EU Asset Management Regulation
      1. AIFMD
      2. European Capital Markets Regulation
      3. MiFID / MiFIR
      4. UCITS
      5. European Venture Capital Directive
      6. Shareholder Rights Directive
      7. European Long Term Investment Fund Regulation
      8. Loan Origination Funds
      9. Capital Raising
      10. AIFMD-Related Events
    2. US Hedge Fund Adviser Regulations
      1. Registration and Reporting
      2. Incentive-Based Compensation
      3. JOBS Act
    3. Asia Pacific Asset Management regulation
    4. Other Jurisdictions’ Asset Management Regulation
    5. Private Placement Regime
      1. Canada
      2. Dubai
      3. Finland
      4. Germany
      5. Hong Kong
      6. Japan
      7. Saudi Arabia
      8. Sweden
      9. United Arab Emirates
    6. Systemically Important Financial Institutions ('SIFIs')
    7. Remuneration
      1. UK
      2. United States
      3. CRD IV and CRR
      4. AIFMD
      5. MiFID
    8. Shadow Banking
    9. Volcker Rule
    10. Other
    11. Systemic Risk Reporting
    12. Dealing Commission
    13. Corporate Governance
    14. Securitisation
  4. Markets Regulation
    1. Algorithmic and High Frequency Trading
      1. EU Automated Trading
      2. US Automated Trading
    2. Benchmarks
    3. Capital Markets Union
    4. Derivatives/Clearing
      1. BCBS - IOSCO
      2. EMIR
        1. EMIR - Reporting
        2. EMIR - Clearing
        3. EMIR - Uncleared trades
        4. EMIR - CCPs
        5. EMIR - Trade repositories
        6. EMIR Review
      3. Dodd-Frank Act Title VII
      4. Hong Kong
      5. MiFID II / MiFIR - Derivatives
      6. Singapore
    5. Market Abuse
    6. MiFID II / MiFIR
      1. AIMA MiFID Portal - General
      2. AIMA MiFID Portal - Algorithmic Trading, HFT and Market Microstucture
      3. AIMA MiFID Portal - Derivatives and STP
      4. AIMA MiFID Portal - Transparency and Reporting
      5. AIMA MiFID Portal - Commodities
      6. AIMA MiFID Portal - Investor Protection
      7. AIMA MiFID Portal - Third Countries
      8. AIMA MiFID Portal - MiFID I
      9. External resources
    7. Position Limits
      1. MiFID II - Commodities
      2. CFTC Position Limits
    8. Recovery and Resolution
      1. EU
      2. CPSS-IOSCO
      3. Financial Stability Board
    9. REMIT
    10. Securities Settlement
    11. SFT reporting & transparency
    12. Short Selling
      1. SSR Docs
        1. SSR Level 1 - Consultations, legislative process and releated AIMA documents
        2. SSR Level 2 consultations, legislative process and related AIMA documents
        3. SSR Review
  5. Tax Affairs
    1. Automatic Exchange of Information (AEOI)
      1. FATCA
      2. EU - AEFI
      3. OECD - Global Standard on AEFI
    2. Australia - Investment Manager Regime (IMR)
    3. Base Erosion - Profit Shifting (BEPS)
    4. FIN 48 and IAS 12
    5. Financial Transaction Tax (FTT)
    6. UK Investment Management Exemption (IME)
    7. UK Offshore Funds Regime
    8. Other
  6. AIMA's Policy Principles
  7. Search
  8. Resources
    1. Guidance Notes
    2. Noticeboard
      1. AEOI: FATCA and other regimes
      2. AIFMD
      3. Algorithmic and High Frequency Trading
      4. Bank/Capital Regulation (including NSFR)
      5. BEPS
      6. CFTC Registration and Exemptions
      7. Corporate Governance
      8. Dealing Commission
      9. Derivatives
      10. FTT
      11. MiFID / MiFIR
      12. Other Hot Asset Management Topics
      13. Other Hot Markets Topics
      14. Other Hot Tax Topics
      15. Position Limits
      16. Trading
      17. UCITS
      18. UK Partnership Tax Review
      19. US State and Local Taxes
      20. Volcker Rule
    3. Hedge Fund Manager Training
    4. Quarterly Regulatory Update
    5. Webinar Programme
    6. Regulatory Compliance Association
      1. About the Regulatory Compliance Association
      2. RCA Curricula and initiatives for alternative investment firms
      3. Meet the regulators and Sr. Fellows