Approaching the legal framework Free Investment Institutions in Spain

Authors

  • Rafael Sánchez Molina
  • José Antonio García-Argudo Mendes

Keywords:

Hedge Funds, UCITS “high-risk-investment UCITS, investor’s protection, “closed UCITS”, alternative investment management, prime broker, qualified invertors, regulatory framework of Hedge Funds, Fund vehicles

Abstract

The present paper studies the legal framework of Hedge Funds in Spain. The study developes the different regulations in European countries, the EU, the United Kingdom and the United States of America. It also describes the structure of Hedge Funds in Spain, as well as outside It continues with the legal Spanish regulation about the distribution of Hedge Funds, and with the guidelines of the investor’s protection. The paper concludes with the “Closed Investment Vehicles”, a way to make distribution of Hedge Funds, which is regulated by Spanish “Issues Act” (Decreto deEmisiones).

References

CAMBON MURCIA, María Isabel. “Instituciones de Inversión Alternativa”. Dcción. de Estudios y Monografías de la CNMV. (Julio 2004, Monografía núm.6).

BANCO CENTRAL EUROPEO, “Hedge Funds: Evolución e implicaciones”. (Enero 2006), Boletín Mensual, págs. 69-83.

VV.AA.,“Estudio sobre la industria de Hedge Funds”.Servicio Informes y Publicaciones de la CNMV (Febrero 2006), disponible en la página web http://www.cnmv.es/index.htm ‘Informes y Publicaciones’.

VV.AA., “Fondos Hedge, conceptos y estrategias”, Madrid, Fundación de Estudios Financieros, Edit. Pirámide.

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Published

2013-01-09

How to Cite

Sánchez Molina, R., & García-Argudo Mendes, J. A. (2013). Approaching the legal framework Free Investment Institutions in Spain. Icade. Journal of the Faculty of Law at Universidad Pontificia Comillas, (70), 91–117. Retrieved from https://revistas.comillas.edu/index.php/revistaicade/article/view/640

Issue

No. 70 (2007): enero-abril

Section

Articles

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