Through Danish, national legislation, the Danish FSA has implemented the EU directive on AIFM (Alternative Investment Fund Manager). The EU directive is based on the conclusion that a supervision package was needed to provide the foundation for a more stable and secure financial system in Europe, including alternative investment funds which were not previously covered by any regulations.
The Danish FSA acts as an independent party in controlling, monitoring, and supervising Fund Managers and Alternative Investment Funds.
Kristensen Properties has obtained approval as an Alternative Investment Fund Manager.
The Danish FSA will carry out a continuous supervision and ensure that:
Further, subject to the requirements from the Danish FSA, Kristensen Properties is to report any changes in conditions which may impact on our defined scope of business.