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- Original (As made)
The Alternative Investment Fund Managers Regulations 2013 is up to date with all changes known to be in force on or before 16 August 2024. There are changes that may be brought into force at a future date.
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
11.Applications for entry on register of small registered UK AIFMs
14.Notification of new funds under the EuSEF Regulation or the EuVECA Regulation
15.Small registered AIFMs ceasing to meet the requirements for registration
22.Power to direct small registered UK AIFMs and SEF and RVECA Managers to take appropriate measures
PART 3B Qualifying social entrepreneurship funds and qualifying venture capital funds
23D.Manner of application for registration of a qualifying social entrepreneurship fund or qualifying venture capital fund
23E.Procedure in relation to the refusal of an application for registration of a qualifying social entrepreneurship fund or qualifying venture capital fund
23F.Procedure in relation to the revocation of registration of a qualifying social entrepreneurship fund or qualifying venture capital fund otherwise than by consent
PART 4 Operating conditions for external valuers, full-scope AIFMs and depositaries
PART 5 AIFs which acquire control of non-listed companies and issuers
Transfer of Functions to the Treasury and the FCA
PART 1 Directive functions transferred to the Treasury
2.(1) To specify how the thresholds referred to in regulation...
3.To specify— (a) the methods of leverage, including any financial...
6.To specify— (a) the types of conflicts of interest referred...
7.To specify— (a) the risk management systems to be employed...
8.To specify— (a) the liquidity management systems to be employed...
9.To specify the administrative and accounting procedures, control and safeguard...
10.To specify— (a) the criteria concerning the procedures for the...
11.To specify— (a) the conditions for fulfilling the following requirements—...
12.To specify— (a) the particulars that need to be included...
13.To state, on the basis of the criteria specified under...
14.To specify the content and format of the AIFM's annual...
15.(1) To specify the obligations of AIFMs periodically to disclose...
17.To set out principles specifying the circumstances in which the...
19.To make further provision in relation to the co-operation arrangements—...
20.To determine the minimum content of the co-operation arrangements referred...
21.(1) To determine the minimum content of the co-operation arrangements...
22.To specify the procedures for coordination and exchange of information...
23.To make provision regarding the co-operation arrangements referred to—
24.To make provision for the procedures for the exchange of...
25.To establish common procedures for the FCA and the Prudential...
PART 3 Powers to make technical standards transferred to the FCA
AMENDMENTS TO PRIMARY LEGISLATION
PART 1 Amendments to the Financial Services and Markets Act 2000
2.In section 1A(6) (the Financial Conduct Authority) , after paragraph...
3.In section 1L(2) (supervision, monitoring and enforcement), after paragraph (a)...
5.In section 55J (variation or cancellation on initiative of regulator)—...
6.In section 55V (determination of applications) after subsection (7) insert—...
7.In section 59 (approval for particular arrangements) after subsection (7B)...
8.In section 66(2)(b) (disciplinary powers) after sub-paragraph (i) omit “or”...
9.In section 165 (regulators' power to require information: authorised persons...
10.In section 168(4) (appointment of persons to carry out investigations...
11.In section 193(1) (interpretation of Part 13) , in the...
12.In section 194 (general grounds on which power of intervention...
13.In section 195A (contravention by relevant EEA firm or EEA...
14.In section 199 (additional procedure for EEA firms in certain...
16.In section 237(3) (other definitions) in the definition of “a...
17.In section 261D(8) (authorisation orders for contractual schemes) for “permission...
18.Omit sections 270 and 271 and the preceding cross-heading (schemes...
19.In section 272 (individually recognised overseas schemes) , in subsection...
20.In section 277 (alteration of schemes and changes of operator,...
21.After section 277 insert— Regular provision of information relating to...
22.Omit the cross-heading “Schemes recognised under sections 270 and 272”...
23.In section 278 (rules as to scheme particulars) omit “270...
24.In section 279 (revocation of recognition)— (a) in the opening...
25.In section 280 (procedure)— (a) in subsection (1) for “give...
26.In section 281 (directions)— (a) in subsection (1) omit “270...
27.In section 380(6)(a) (injunctions) — (a) omit “or” after sub-paragraph...
28.In section 382(9)(a) (restitution orders) — (a) omit “or” after...
30.In section 398 (misleading the FCA or PRA: residual cases)...
31.In section 417(1) (definitions) in the appropriate places insert— “...
32.In section 425 (expressions relating to authorisation elsewhere in the...
33.In Schedule 1ZA (the Financial Conduct Authority), in paragraph 23(2)(a)...
35.In paragraph 2(2) of Schedule 5 (permission for open-ended investment...
PART 3 Transitional provisions in respect of recognised overseas schemes
AMENDMENTS TO SECONDARY LEGISLATION
PART 1 Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
PART 2 Amendments to other secondary legislation
2.Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975
5.Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001
6.Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001
7.Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001
8.Financial Services and Markets Act 2000 (Exemption) Order 2001
9.Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001
11.Financial Services and Markets Act 2000 (Compensation Scheme: Electing Participants) Regulations 2001
12.Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001
13.Financial Services and Markets Act 2000 (Consultation with Competent Authorities) Regulations 2001
14.Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001
16.Financial Services and Markets Act 2000 (Collective Investment Schemes) (Designated Countries and Territories) Order 2003
17.Financial Conglomerates and Other Financial Groups Regulations 2004
19.Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
21.Financial Services and Markets Act 2000 (Short Selling) Regulations 2012
22.Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013
23.Financial Services Act 2012 (Misleading Statements and Impressions) Order 2013
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