UHY Hacker Young | Chartered Accountants

New and forthcoming regulations

We aim to keep you up to date with changes to the rules which affect your business, and not bother you with those that don’t.

For example:

  • Fund managers will need to be aware of the new Alternative Investment Fund Managers Directive (AIFMD), effective from 22 July 2013 (with a one year transition period) as action may be required.
  • Investment firms will need to be aware of the new Capital Requirments Directive (CRD IV), which will come into effect from 1 January 2014, as they are certain to be affected to some extent.
  • A new version of the Markets in Financial Instruments Directive (MiFID II) is in the final stages of approval by the European Comission, and is expected to come into effect during 2014. Most investment firms will be affected.

We can advise you on how your business is likely to be affected by these changes, and when you should be taking any necessary action.