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AAIF - Act on Alternative Investment Funds (Croatia)
AFM- Autoriteit Financiële Markten (The Netherlands)
AFMA- Alternative Fund Managers Act (Finland)
AIF- Alternative Investment Fund, defined in the AIFMD as: “A collective investment undertaking, including investment compartments of such an undertaking, which raises capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of these investors; and does not require authorisation pursuant to Article 5 of the UCITS directive.”
AIFA- Alternative Investment Funds Act (Norway)
AIFFM- Law on Alternative Investment Funds and Fund Managers (Latvia)
AIFM- Alternative Investment Fund Manager, defined in the AIFMD as a legal person whose regular business is managing one or more AIFs
AIF Law- Cypriot Law 131(I) / 2014 on Alternative Investment Funds
AIFMD- Alternative Investment Fund Managers Directive of 8 June 2011 (2011 / 61 / EC)
AIFMG- Alternative Investment Fund Managers Act (Austria)
AIFM Law- Cypriot Law 56 (I) / 2013 on Alternative Investment Fund Managers
AIFMG-L- Alternative Investment Fund Managers Law (Liechtenstein)
AIFM Regulations- Alternative Investment Fund Managers Regulations 2013 (United Kingdom)
AIFMV- Alternative Investment Fund Managers Ordinance (Liechtenstein)
AIFR- Alternative Investment Funds Regulations (Norway)
AIM Act- Danish AIFMD regulation
AMF- Autorité des marchés financiers (France)
CA- Companies Act (Malta)
Capital Market Law- Law no. 297 / 2004, implementing the Prospectus Directive (Romania)
Consob- Commissione Nazionale per le Società e la Borsa (Italy)
CSSF- Commission de Surveillance du Secteur Financier (Luxembourg)
CySEC- Cyprus Securities and Exchange Commission
DFSA- Danish Financial Supervisory Authority
Draft CFA- Draft amendments to the Consolidated Financial Act (Legislative Decree no. 58 / 1998) (Italy)
EEA- European Economic Area
EFSA- Estonian Financial Supervision Authority
EU AIF- AIF which is registered or authorised in an EU State under the applicable national law or which is not registered or authorised in an EU State but has its registered office and / or head office in an EU State
EU AIFM- AIFM which has its registered office in an EU State
EuSEF- European Social Entrepreneurship Funds
EuVECA- European Venture Capital Companies
FATF- Financial Action Task Force
FCA- Financial Conduct Authority (United Kingdom)
FCA Handbook- FCA’s handbook of rules and guidance for regulated firms (United Kingdom)
Financial Promotions Order- Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (United Kingdom)
FSMA- Financial Services and Markets Authority (Belgium)
FSMA- Securities Markets Act (Finland)
FTA- Swedish Financial Instruments Trading Act
GFSC- Guernsey Financial Services Commission
HCMC- Hellenic Capital Market Commission
HNWIs- High Net Worth Individuals
HUF- Hungarian Forint
ISA- Investment Services Act, Chapter 370 of the Laws of Malta
ISIN- International Securities Identification Number
IUG- Law on Investment Undertakings (Liechtenstein)
JFSC- Jersey Financial Services Commission
KIID- Key Investor Information Document (Sweden)
LECROSI- Law 22 / 2014, which governs venture capital entities, other closed-ended collective investment institutions and management companies of closed-ended collective investment institutions and which amends Law 35 / 2003, of November 4th, governing collective investment institutions. (Spain)
LMFI- Law on Market for Financial Instruments (Latvia)
MFSA- Malta Financial Services Authority
MiFID- Markets in Financial Instruments Directive of 21 April 2004 (Directive 2004 / 39 / EC)
MiFID law- Cypriot Law 144(I) / 2007, transposing MiFID
MTF- Multilateral Trading Facility
NAV- Net asset value
NCCT- Non-Cooperative Country and Territory
New IFA- New Investment Funds Act (Estonia)
NOK- Norwegian Krone
Non-EEA- Non-European Economic Area
Non-EU AIF- AIF not qualifying as an EU-AIF
Non-EU AIFM- AIFM which has its registered office in a state which is not an EU State
POI Law- Protection of Investors (Bailiwick of Guernsey) Law
Prospectus Directive- Directive 2003 / 71 / EC of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading
Prospectus Law- Cypriot Law 114(I) / 2005, transposing the Prospectus Directive
Prospectus Law- Greek law implementing Directive 2003 / 71 / EC, as amended (law 3401 / 2005 as amended by law 4099 / 2012
QIs- Qualified Investors (for Swiss law purposes)
Romanian FSA- Romanian Financial Supervisory Authority
SAIFM Act- Swedish Act on Alternative Investment Fund Managers
SEC- Securities and Exchange Commission (United States of America)
SFSA- Swedish FSA
SICAR- Société d’Investissement en Capital A Risque (Luxembourg)
SIF- Specialised Investment Fund (Luxembourg)
SMA- Securities Market Act
Small AIFM- AIFM managing AIFs whose assets under management, calculated in accordance with Article 2 of the AIFMD Level 2 Regulation: do not exceed EUR 500m in total in cases where the portfolios of AIFs consist of AIFs that are unleveraged and have no redemption rights exercisable during a period of five years following the date of initial investment in each AIF; or do not exceed EUR 100m in total in other cases, including any assets acquired through the use of leverage.
SPA- Securities Prospectus Act (Liechtenstein)
Third Country Regulations- The Investment Services Act (Alternative Investment Fund Manager) Regulations (Malta)
UCIS- Unregulated Collective Investment Schemes
UCITS- Undertakings for Collective Investment in Transferable Securities
UCITS Act- Swedish UCITS Act
UK AIFM- AIFM which has its registered office in the United Kingdom
VCE- Venture Capital Entities
ZISDU-2- Investment Trusts and Management Companies Act (Slovenia)
ZTFI- Financial Instruments Market Act (Slovenia)
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