Alternative Investment Fund Managers Directive (AIFMD)
Early in 2014, Bouwinvest was granted an AIFMD licence by the Dutch Financial Markets Authority (AFM), making it one of the first organisations in the Netherlands to gain such a licence. The AIFMD is European legislation put into place to protect the shareholders of Alternative Investment Funds (AIFs) against the risk of unauthorised value losses of the funds. Existing policies and controls at Bouwinvest provide a good basis for its licence obligations; obtaining and retaining the license by Bouwinvest provide extra assurance on this front.