[F1Marketing by AIFMs of other AIFsU.K.
50. An AIFM described in column A of the table below may not market in the United Kingdom an AIF that is described in the entry in column B of same row of the table unless the condition in column C in the same row of the table is met.
| A - AIFM | B - AIF | C - Condition |
|---|---|---|
| Full-scope UK AIFM | An AIF that does not fall within regulation 57(1) | The FCA has approved marketing of the AIF in accordance with regulation 54. |
Full-scope UK AIFM | An AIF falling within regulation 57(1) | The AIFM has notified the FCA in accordance with regulation 57 and meets the conditions at regulation 57(4)(a) to (c), and the FCA has not suspended or revoked the AIFM's entitlement to market the AIF. |
Full-scope [F2Gibraltar] AIFM | An AIF falling within regulation 57(1) | The AIFM has notified the FCA in accordance with regulation 57 and meets the conditions at regulation 57(4)(a) to (c), and the FCA has not suspended or revoked the AIFM's entitlement to market the AIF. |
| Small third country AIFM | UK AIF, EEA AIF, or third country AIF | The AIFM has notified the FCA in accordance with regulation 58 and meets the conditions at regulation 58(2)(a) and (b), and the FCA has not suspended or revoked the AIFM's entitlement to market the AIF. |
| Third country AIFM that is not a small AIFM | UK AIF, EEA AIF, or third country AIF | The AIFM has notified the FCA in accordance with regulation 59 and meets the conditions at regulation 59(2)(a) to (e), and the FCA has not suspended or revoked the AIFM's entitlement to market the AIF.] |
Textual Amendments
F1Regulations revoked (14.12.2023 for the revocation of reg. 79) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(vi)
F2Word in reg. 50 Table substituted (31.12.2020) by The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/328), regs. 1(3), 10(5) (as amended by S.I. 2019/325, reg. 58); 2020 c. 1, Sch. 5 para. 1(1)