Alternative Investment Fund Designation Bill [HL]

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Summary:

The document is about a bill to amend the Alternative Investment Fund Managers Regulations 2013 to remove Listed Investment Companies from Alternative Investment Fund designation. The bill, sponsored by Baroness Altmann, a Conservative life peer, aims to make related changes to other relevant legislation and is currently going through the legislative process in the House of Lords.

Key Stages:

Introduced on 22 November 2023
Passed first reading in the House of Lords
Future stages, including second reading, committee stage, report stage, and third reading, are underway
Will be considered in the House of Commons and, if approved, receive Royal Assent

Status:

* Currently in progress in the House of Lords

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