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Charity Commission consults on changes to the regulation of common investment funds (CIFs)

Charity Commission consults on changes to the regulation of common investment funds (CIFs)

The Charity Commission launched a public consultation on changes to the regulation of common investment funds (CIFs) which closes on 11 September 2013. CIFs are collective investment funds that only charities can invest in and which are themselves charities and are established by Charity Commission scheme. The Commission’s consultation is driven by changes to funds regulation when the UK implements the EU Alternative Investment Fund Managers Directive (AIFMD).

IBB’s specialist charity lawyers have a wealth of experience in delivering practical commercial advice to charities and not for profit organisations and those who work with them. Contact our charity law team here, call 01895 207809 or email charities@ibblaw.co.uk.