Supervision
AIF(M)s are subject to many laws and regulations that are important for managers of alternative investment funds. The AFM supervises this. Even after a licence has been granted.Level 1 (guideline and implementation guideline)
European:
National:- Financial Supervision Act
- Decree on the Supervision of the Conduct of Financial Enterprises under the Financial Supervision Act
- EC Level II Regulation No 231/2013 (exemptions, business operations, depositary, leverage, transparency and supervision)
- EC Regulation No 448/2013 (determine reference Member State non-EU AIFM)
- EC Regulation No 447/2013 (opt-in procedure)
- EC Regulation No 694/2014 (open/closed ended AIFs)