Under the AIFMD (Alternative Investment Fund Managers Directive) in the EU, which of the following is a key requirement for non-EU fund managers marketing to EU investors?
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A
They must register as EU-domiciled entities
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B
They may use National Private Placement Regimes (NPPR) to market in certain EU member states
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C
They are fully prohibited from marketing to EU institutional investors
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D
They must convert their funds to UCITS vehicles