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Neil Robson Quoted in a White Paper on Offshore Fund Management

Firm News | August 17, 2016

Financial Services partner Neil Robson was quoted in a Guernsey Finance white paper on the importance of substance in the fund management sector, in relation to the Alternative Investment Fund Managers Directive (AIFMD) and Base Erosion and Profit Shifting (BEPS) initiative. He noted that having adequate personnel to perform risk management and other portfolio management duties is critical. Neil added, "At a minimum, the offshore AIFM needs to be supervising and monitoring the portfolio management activities of the other management entity which is not the AIFM." ("Investment Funds—Why Substance is Key," August 17, 2016)