We are pleased to have contributed to an excellent initiative organised by UK law firm CMS Cameron McKenna Nabarro Olswang LLP examining in-depth the national private placement regimes (NPPRs) in each EU member state and other popular marketing jurisdictions in Europe.
Harneys’ funds team authored the chapter dealing with Cyprus.
Despite the harmonisation of much of the funds regime by the EU under the AIFMD and UCITS frameworks, NPPRs in the EU continue to constitute a very important part of the marketing landscape for asset managers. The patch work of rules across the Union makes surveys such as these quite invaluable in practice.
The NPPR guide can be found here.