ESMA_QA_2965
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Q&A published (AIFMD, remuneration): first financial year of application of the remuneration rules for AIFMs that were already operating before 22 July 2013 and applied for authorisation between July 2013 and July 2014.
Who is affected
Alternative investment fund managers (AIFMs).
Plain-language version
ESMA, the EU watchdog for stock markets and investment products, has answered another technical question for managers of alternative funds, such as private equity or property funds. This one covers from which financial year the staff pay rules apply to managers that were already operating before July 2013 and applied for authorisation between July 2013 and July 2014.
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Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
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