Development of the Atlernative Investments Funds Regulation in Lithuania and Possibilities for the Improvements in the Regulation
Keywords:alternative investments funds, collective investments undertakings, leverage, regulation of the alternative investments funds, professional investor, informed investor
Alternative investments funds (AIF) became legal in Lithuania since early 2008 and till now they have managed to establish itself in the Lithuanian investment funds market. Therefore, the legal regulation and supervision of such funds becomes even more important. Moreover, AIF funds are potentially more dangerous for the financial system than the conventional investment funds. As there were quite a lot changes in the legal acts, analysis of these amendments, regarding AIF regulation and development, were conducted. It was revealed that in some areas, where systematic risk may occur, the regulation of AIF could be more rigorous and supervision could be more intense.