Schedule 9: Collective investment schemes authorised in approved countries Part 2: Minor and consequential amendments The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773)
Paragraphs 9 to 12 in Part 2 of Schedule 9 amend Part 6 of the Alternative Investment Fund Managers (AIFM) Regulations 2013 in accordance with the following paragraphs. Part 6 relates to the marketing of AIFs. These amendments will switch off the NPPR notification obligations for schemes which are recognised under section 271A.
	In regulation 57, after paragraph 1, new paragraph (1A) is inserted so that an AIF, which is recognised under section 271A, is not recognised under paragraph 1. This means that an AIFM, which manages an AIF recognised under section 271A, does not have to give written notification to the FCA before marketing in the UK.
	In regulation 58(1), the line "except where the AIF is recognised under section 271A of the Act" is added. This means that a small third country AIFM, which manages an AIF recognised under section 271A, also is not required to give written notification to the FCA before marketing in the UK.
	In regulation 59(1), the line "except where the AIF is recognised under section 271A of the Act" is added. This means that a third country AIFM that is not a small AIFM, which manages an AIF recognised under section 271A, also is not required to give written notification to the FCA before marketing in the UK. In addition, regulation 59(4A) is amended to refer to ‘AIF’ rather than ‘collective investment scheme’ for consistency.