Knowledge

Bedell Cristin has seconded Caroline McGrath, one of our funds lawyers, to the Jersey Financial Services Commission (JFSC) to assist with the implementation in Jersey of the applicable provisions of the Alternative Investment Fund Managers Directive (AIFMD).

This will include updating and developing codes of practice for alternative investment fund managers and depositaries, and the related licensing regime. Caroline has been a member of Bedell Cristin's investment funds and private equity group for over ten years and has extensive funds and regulatory experience.

Martin Paul, Partner and Head of the investment funds and private equity group at Bedell Cristin, commented: "We are pleased to be able to add to the specialist resources available to the JFSC while this important work is underway to ensure Jersey will be ready for AIFMD implementation in July this year.  As a firm we feel that it is important to support the timely development of the necessary regulatory infrastructure in Jersey and are delighted to contribute a valued member of our team to assist with this."

Martin is a member of the Jersey Funds Association committee and chairs the Education committee. Fellow funds group partner Emily Haithwaite sits on the technical working group established by Jersey Finance which consults on the AIFMD in conjunction with the States of Jersey and the JFSC.

For further information please contact Martin Paul or Richard Le Liard.