Jersey Financial Services Commission (the "Commission") has agreed on an AIFMD bilateral cooperation agreement with Austria’s Financial Market Authoriy ("FMA"). This is further to the press release issues by the Commission on 11 and 19 July 2013.
The AIFMD bilateral cooperation agreement with Austria forms a significant part of the requirements pursuant to the AIFMD to enable Jersey alternative investment fund managers ("AIFMs") to continue to market into Austria under national private placement rules.
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With a view to agreeing the last few remaining AIFMD bilateral cooperation agreements, direct negotiations continue with four EU/EEA Member States’ supervisory authorities.
The 27 AIFMD bilateral cooperation agreements:
- Austria
- Germany
- Malta
- Belgium
- Greece
- Netherlands
- Bulgaria
- Hungary
- Norway
- Cyprus
- Iceland
- Poland
- Czech Republic
- Ireland
- Portugal
- Denmark
- Latvia
- Romania
- Estonia
- Liechtenstein
- Slovakia
- Finland
- Lithuania
- Sweden
- France
- Luxembourg
- United Kingdom
The Commission will issue further press releases on cooperation agreements as and when appropriate.
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