Morgan Lewis presented the winter session of our quarterly Hedge Fund UniversityTM webinar series, where we discussed important issues surrounding the European Union’s European Market Infrastructure Regulation (EMIR) from the perspective of U.S. and other non-EU hedge funds and other types of counterparty trading derivatives with EU counterparties.
The presentation provided an update on the private placement overlay under the European Union’s Alternative Investment Fund Managers Directive (AIFMD) from the perspective of U.S. and other non-EU managers of alternative investment funds marketing the funds in the EU.
Our panelists also explored the relevance of EMIR to U.S. and other non-EU hedge funds and others trading derivatives with EU counterparties as well as the key practical implications. The discussion is particularly timely to as the AIFMD transitional period expires on July 21, 2014.