- Advertisement -

Related

AIMA Provides New Guide On Data Protection

- Advertisement -

Stockholm (HedgeNordic) – The Alternative Investment Management Association (AIMA) has published earlier this week a new implementation guide on the General Data Protection Regulation (GDRP), which replaces the current EU Data Protection Directive. According to AIMA, the GDPR is highly relevant for investment managers based both in the EU and outside. Indeed, the new regulation dictates how personal data should be handled by organisations within the European Union, but also by those based outside the EU, offering goods or services to people located in the EU.

“Following the implementation of MiFID2, the GDPR is the next major regulatory challenge at the forefront of the industry’s mind,” AIMA’s CEO Jack Inglis said in a statement. “This guide will help to inform members of their obligations and hopefully reassure them where certain misunderstandings may exist.”

The AIMA guide summarises the GDPR in the context of alternative investment management and explains how the new rules differ from the regulation in place. In particular, the Guide examines critical questions and compliance considerations for alternative investment management firms and funds and includes a compliance checklist.

Picture © Minerva Studio—shutterstock

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Aline Reichenberg Gustafsson, CFA
Aline Reichenberg Gustafsson, CFA
Aline Reichenberg Gustafsson, CFA is Editor-in-Chief of HedgeNordic.com and NordSIP.com. She has 18 years of experience in the asset management industry in Stockholm, London and Geneva, including as a long/short equity hedge fund portfolio manager, and buy-side analyst, but also as CFO and COO in several asset management firms. Aline holds an MBA from Harvard Business School and a License in Economic Sciences from the University of Geneva.

Latest Articles

Anna Svahn on Risk, Adaptability, and the Art of Portfolio Management

Anna Svahn took an unconventional route into portfolio management, building her investment experience through personal trading, writing, and entrepreneurship rather than investment banking or...

Sebastian Hallenius to Lead IKC Capital’s Next Phase

Sebastian Hallenius has joined IKC Capital as Chief Investment Officer and incoming CEO after nine years at Länsförsäkringar Fonder, where he helped bring externally...

SEB Asset Selection Marks 20 Years of Trend-Following Evolution

Twenty years is a long time in the hedge fund industry, where strategies evolve, market environments change, and investment teams come and go. Once...

Atlant Fonder Eyes €1 Billion as Fund Distribution Landscape Shifts

In the Nordic hedge fund industry, funds managing more than €1 billion have typically built their scale with strong institutional backing. Atlant Fonder’s flagship...

Cyber Risk Tops Asset Managers’ Concerns as Investment Risks Rise

Technology and cybersecurity have emerged as the leading concerns for asset managers over the coming year, even as firms report rising exposure to market,...

Fearnley Appoints Two Portfolio Managers to Credit Fund

Fearnley Asset Management has appointed Maria Granlund and Scott Aspestrand Stousland as portfolio managers for its high-yield-focused Fearnley Credit Fund. Granlund joins as Head...

Allocator Interviews

Voices

Request for Proposal

- Advertisement -