Permissions and passports - Financial Conduct Authority

AIFMD permissions and passports

Last Modified: 11/12/2014
Under AIFMD, fund managers must be authorised (full scope AIFM), or registered if they manage AIFs with assets under management below certain thresholds. Sub-threshold AIFMs may not benefit from the AIFMD’s marketing and management passports; however, they have the right to opt-in to full authorisation to access AIFMD passports.

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