FCA publishes draft AIFMD variation of permission forms

The Financial Conduct Authority has published the draft forms which will enable UK authorised firms to vary their permission to become authorised Alternative Investment Fund Managers (AIFMs) under the AIFMD. At a recent joint FCA/ HM Treasury AIFMD Town Hall meeting in London, the FCA commented that it was aware of some 180-200 firms that had responded to its earlier AIFMD survey that may wish to seek early authorisation. The FCA will seek to review early applications within one month such that firms have the necessary authorisation in place by the 22 July 2013 implementation date. These forms are however subject to a brief consultation period.

The full update can be found on the FCA website by clicking on this link.

Similar forms, enabling depositaries or Article 36 custodians (in the context of depositary-lite) have also been made available.