Abstract
MiFID II and MiFIR are aimed at the regulation of investment firms and the financial markets. However, MiFID II is also important for the managers of (UCITS or AIF) investment funds. The requirements that MiFID II imposes on investment firms for the distribution of (units in) investment funds have an impact on the commercial strategy of the managers of these investment funds. Moreover, the rational of MiFID II applies also to fund managers. This means that a prudent administrator will have to take certain requirements, although they are not formally addressed to him, into accounts. This article discusses the most important requirements for fund managers.
Original language | Dutch |
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Pages (from-to) | 476-482 |
Number of pages | 7 |
Journal | Tijdschrift voor Financieel Recht |
Volume | 2015 |
Issue number | 12 |
Publication status | Published - 2015 |
Externally published | Yes |