Supporters of the draft Alternative Investment Fund Managers
(AIFM) directive need to start planning now to deal with the
impact on national regulators.
The FSA is frank that it wouldnt know what to do
with all the information it would receive, said Louise
Forrester, consultant at Gide Loyrette Nouel in London.
The FSA has experience of regulating hedge funds, so what
would regulators that dont have the same experience of