Full Description
This book analyses elements of international finance, comparing the regulation of hedge funds in United States, Europe, the UK, and off-shore jurisdictions in the aftermath of the financial crisis. It critically compares the Dodd- Frank Act in US with the Alternative Investment Funds Managers Directive in Europe. Moreover, it goes further by analyzing the implementation of the AIFM Directive in seven jurisdictions in Europe famous for the incorporation of hedge funds: the United Kingdom, Italy, France, Ireland, Malta, Luxembourg, and Switzerland. The book also analyses the effect of Brexit on the legislation in the UK regarding the application of the directive and the distribution of financial products in Continental Europe, and will be of particular interest to researchers, academics, and students of international finance and financial regulation.
Contents
Chapter 1. The Rationales of Hedge Fund Regulation.- Chapter 2. Regulation of Hedge Funds in the EU.- Chapter 3. Regulation of Hedge Funds in Selected Single European Jurisdictions: Italy, France, Ireland, Luxembourg, Malta and Switzerland. The Impact of the AIFM Directive.- Chapter 4. The Regulation of Hedge Funds in UK and the Impact of Brexit.- Chapter 5. The Non-Regulation of Hedge Funds in Offshores Jurisdictions: Cayman Islands, British Virgin Islands, Mauritius and Delaware.- Chapter 6. Regulation of Hedge Funds in the US.- Chapter 7. Litigation and Arbitration Regarding Hedge Funds.- Final Conclusions.
