Examples of AIFM Regulations in a sentence
The Company’s Board also remains pleased with Gandon Alternative Fund Management Limited, who was appointed by the Company as its alternative investment fund manager (the “AIFM”) in accordance with the European Union (Alternative Investment Fund Managers) Regulation, 2013 (the “AIFM Regulations”), until such time as IRES Fund Management becomes authorised by the Central Bank as an alternative investment fund manager under the AIFM Regulations.
SAMI has been approved by the Central Bank of Ireland as the AIFM and is therefore required to comply with all duties, obligations and functions of an AIFM as are contained in the AIFM Regulations, the Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing the AIFMD, the Central Bank of Ireland's AIF Rulebook and SAMI's Programme of Activity as they apply to the services it provides to the Company and the Funds.
Once a notification is made under the Regulation 43 Regime, the UK AIFM must then comply with the reporting obligations set down in Regulation 25 of the AIFM Regulations.
The AIFM Regulations apply to SAMI and consequently to the management and operation of the Company.
Shareholder engagement will also be included in the quarterly report of the Delegate to the Board.Integration of shareholder engagement in KCM’s investment strategy Pursuant to Regulation 13(1)(b)of the AIFM Regulations, the Company is required to act in the best interests of each AIF or the investors of each AIF it manages and the integrity of the market.