credit funds insight - issue 7 29 Nov 2016

Yes, Brexit means the UK will lose access to the AIFMD passport 

by Sean M. Tuffy, Brown Brothers Harriman

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For the time  being there is no immediate action that needs to be taken. Until the exit negotiations are completed, the UK hedge fund managers will continue to be EU AIFMs and have access to the passport. However, there's little harm in planning for a world where they won't have access to the AIFMD passport

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