45 Deputy Phil Hogan asked the Minister for Finance the meaning of the terms “Head Office” and “Registered Office” in Article 5 of the European Parliament text for the European Commission proposal for the Alternative Investment Fund Manager Directive; if he will confirm that this part of the directive means that an AIFM with a legal personality in an EU jurisdiction can be forced to register with the supervisory authority of the Member State in which the legal personality is established; if he will outline whether this provision requires that the US headquarters of an alternative investment fund with a presence in Europe will have to move to the EU in order to comply with the directive; his views on whether the terms “Head Office” and “Registered Office” should be defined in such a way in the legislation that would not force non EU funds operating in the EU market to have their headquarters in the EU; his further views on whether the European Parliament text in respect of Article 5 is a protectionist measure and should be amended or removed; and if he will make a statement on the matter. [24519/10]

Summary

45 Deputy Phil Hogan asked the Minister for Finance the meaning of the terms “Head Office” and “Registered Office” in Article 5 of the European Parliament text for the European Commission proposal for the Alternative Investment Fund Manager Directive; if he will confirm that this part of the directive means that an AIFM with a legal personality in an EU jurisdiction can be forced to register with the supervisory authority of the Member State in which the legal personality is established; if he will outline whether this provision requires that the US headquarters of an alternative investment fund with a presence in Europe will have to move to the EU in order to comply with the directive; his views on whether the terms “Head Office” and “Registered Office” should be defined in such a way in the legislation that would not force non EU funds operating in the EU market to have their headquarters in the EU; his further views on whether the European Parliament text in respect of Article 5 is a protectionist measure and should be amended or removed; and if he will make a statement on the matter. [24519/10]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• EU Directives

  xml · EN · 9 June 2010

  ViewDownloadOpen at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.