AIFM provision threatens to change the risk profile of depository banks

european-commission2-0909

A little-known provision in the Alternative Investment Fund Managers Directive (AIFM) has the potential to significantly change the risk profile of depository banks to such an extent that it could cause them to leave the industry altogether, industry sources predict.

The directive, currently under discussion by the European Commission, forms part of the Commission's post-financial crisis programme to extend regulation and oversight to all activities that embed risk. The initial aim is to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: