Part 8 Application of provisions of the Act (regs. 70-71)

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Alternative Investment Fund Managers Regulations 2013 (AIFM Regulations) [SI 2013 No. 1773]Introductory Text Part 1 Introductory provisions (regs. 1-4)Regulation 1 Citation and commencement Regulation 2 Interpretation Regulation 3 Meaning of "AIF"Regulation 4 Meaning of "AIFM", "managing an AIF", "external AIFM" and "internal AIFM"Part 2 Authorisation of full-scope UK AIFMs (regs. 5-8)Regulation 5 Applications for Part 4A permission Regulation 5A Applications by AIFMs from third countries Regulation 6 Supplementary provisions about AIFMs Regulation 7 Changes in conditions relevant to authorisation Regulation 8 Notification to ESMA Part 3 Small AIFMs (regs. 9-23)Regulation 9 Meaning of "small AIFM"Regulation 10 Small registered UK AIFMs Regulation 11 Applications for entry on register of small registered UK AIFMs Regulation 12 Determination of applications Regulation 13 Procedure when refusing an application Regulation 14 Notification of new funds under the EuSEF Regulation or the EuVECA Regulation Regulation 15 Small registered AIFMs ceasing to meet the requirements for registration Regulation 16 Applications for revocation of registration Regulation 17 Grounds for revocation of registration Regulation 18 Procedure on revocation Regulation 19 Grounds for suspension of registration Regulation 20 Procedure on suspension Regulation 21 Disclosure obligations of small registered UK AIFMs Regulation 22 Power to direct small registered UK AIFMs and SEF and RVECA Managers to take appropriate measures Regulation 23 Application of FCA rules to small authorised UK AIFMs Part 3A LTIFs (regs. 23A-23C)Regulation 23A Manner of application for UK LTIF authorisation Regulation 23B Procedure in relation to the refusal of an application for UK LTIF authorisation Regulation 23C Procedure in relation to the revocation of UK LTIF authorisation otherwise than by consent Part 3B Qualifying social entrepreneurship funds and qualifying venture capital funds (regs. 23D-23F)Regulation 23D Manner of application for registration of a qualifying social entrepreneurship fund or qualifying venture capital fund Regulation 23E Procedure in relation to the refusal of an application for registration of a qualifying social entrepreneurship fund or qualifying venture capital fund Regulation 23F Procedure in relation to the revocation of registration of a qualifying social entrepreneurship fund or qualifying venture capital fund otherwise than by consent Part 3C MMFs (regs. 23G-23I)Regulation 23G Manner of application for MMF authorisation Regulation 23H Procedure in relation to the refusal of an application for MMF authorisation Regulation 23I Procedure in relation to the revocation of MMF authorisation otherwise than by consent Part 4 Operating conditions for external valuers, full-scope AIFMs and depositaries (regs. 24-33)Regulation 24 Valuation Regulation 25 Disqualification of external valuer Regulation 26 Approval for delegation of functions by full-scope UK AIFMs Regulation 27 Revocation of approval for delegation Regulation 28 Liability following delegation Regulation 29 Depositary liability: general provisions Regulation 30 Depositary liability for loss of financial instruments held in custody Regulation 31 Depositary liability for other losses Regulation 32 Depositary liability and third country custodians Regulation 33 Management of third country AIFs Part 5 AIFs which acquire control of non-listed companies and issuers (regs. 34-44)Regulation 34 Introductory provision Regulation 35 Ways of acquiring control or shares Regulation 36 Meaning of "control" and calculation of voting rights Regulation 37 Confidential information Regulation 38 Notification of the acquisition or disposal of major holdings and control of non-listed companies Regulation 39 Disclosure in case of acquisition of control Regulation 40 Additional disclosure when control is acquired of non-listed companies Regulation 41 Sensitive information Regulation 42 Annual report of AIFs exercising control of non-listed companies Regulation 43 Asset stripping Regulation 44 FCA powers in relation to this Part Part 6 Marketing of AIFs (regs. 45-64)Chapter 1 General Provisions (regs. 45-53)Regulation 45 References in this Part to an AIFM or an investment firm marketing an AIF Regulation 46 Application of the financial promotion and scheme promotion restrictions Regulation 47 Marketing at the initiative of the investor Regulation 48 Marketing under the designation 'SEF' or 'RVECA'Regulation 49 Marketing by full-scope Gibraltar AIFMs of certain AIFs Regulation 50 Marketing by AIFMs of other AIFs Regulation 51 Marketing of AIFs by investment firms Regulation 52 Contravention by unauthorised person Regulation 53 Contravention by authorised person Chapter 2 Marketing of AIFs by full-scope AIFMs (regs. 54-56C)Regulation 54 FCA approval for marketing Regulation 55 Change to information provided with application Regulation 56 Suspension or revocation of approval granted to a full-scope Gibraltar AIFM Regulation 56A Revocation of approval to market Regulation 56B Suspension of approval to market Regulation 56C Procedure on suspension Chapter 3 National Private Placement (regs. 57-64)Regulation 57 Marketing of third country AIFs managed by full-scope UK AIFMs Regulation 58 Marketing of AIFs managed by small third country AIFMs Regulation 59 Marketing of AIFs managed by other third country AIFMs Regulation 60 Manner and content of notifications Regulation 61 Material change to information Regulation 62 Revocation of entitlement to market Regulation 63 Suspension of entitlement to market Regulation 64 Procedure on suspension Part 7 Duties and powers of the FCA (regs. 65-69)Regulation 65 Designation as competent authority Regulation 66 Requirement to notify ESMA of information required from AIFMs Regulation 67 Use of information by FCA Regulation 68 Limits on leverage Regulation 69 Exchange of information relating to potential systemic consequences of AIFM activity Part 7A Transfer of functions (reg. 69A)Regulation 69A Transfer of the directive functions Part 8 Application of provisions of the Act (regs. 70-71)Regulation 70 Application of procedural provisions of the Act Regulation 71 Application of provisions of the Act to unauthorised AIFMs Part 9 Transitional Provisions (regs. 72-78)Regulation 72 AIFMs managing AIFs immediately before 22nd July 2013 Regulation 73 AIFs subject to prospectus directive Regulation 74 Closed-ended AIFs that make no additional investments Regulation 75 Closed-ended AIFs whose subscription period has closed Regulation 76 Permission to act as trustee or depositary of an AIF Regulation 77 Depositaries of EEA AIFs until 22nd July 2017 Regulation 78 Permission for existing managers, depositaries and trustees of UCITS Part 9A Temporary Marketing Provisions (regs. 78A-78E)Regulation 78A Temporary marketing permissions: AIFs etc Regulation 78B Deemed authorisation Regulation 78C Period during which regulation 78A(1) is to apply Regulation 78D FCA powers Regulation 78E Power to extend the period during which a fund may be marketed Part 10 Final provisions (regs. 79-81)Regulation 79 Review Regulation 80 Amendments to primary legislation Regulation 81 Amendments to secondary legislation Schedule 1 Amendments to Primary Legislation Schedule 1, Part 1 Amendments to the Financial Services and Markets Act 2000 (paras. 1-36)Schedule 1, Part 2 Amendments to other primary legislation (paras. 37-44)Schedule 1, Part 3 Transitional provisions in respect of recognised overseas schemes (para. 45)Schedule A1 Transfer of Functions to the Treasury and the FCA Schedule A1, Part 1 Directive functions transferred to the Treasury (paras. 1-25)Schedule A1, Part 2 Directive functions transferred to the FCA (para. 26)Schedule A1, Part 3 Powers to make technical standards transferred to the FCA (paras. 27-31)Schedule 2 Amendments to Secondary Legislation Schedule 2, Part 1 Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (para. 1)Schedule 2, Part 2 Amendments to other secondary legislation (paras. 2-24)Signature Explanatory Note Explanatory Memorandum Impact Assessment Transposition table for UK implementation of the AIFMD

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Part 8 Application of provisions of the Act (regs. 70-71)

	Regulation 70 Application of procedural provisions of the Act
	⚠ Regulation 71 Application of provisions of the Act to unauthorised AIFMs

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Document Overview

Part 8 Application of provisions of the Act (regs. 70-71)

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