This latest edition of the AIMA Journal is a welcome and timely reminder of the important regulatory and policy challenges that AIMA and its members must grapple with. Nowhere is this more true than in the United States. As we go to press, the adoption of the SEC Private Fund Adviser Rules has necessitated AIMA to join an industry-wide coalition of business trade associations to file suit against the SEC to protect our industry against these unlawful changes. No doubt, this topic will be revisited multiple times in future editions of this journal, and we look forward to sharing these with you.

Multiple contributors note that MiFID II, SFDR and AIFMD are among the long-standing European regulatory issues that are going through revisions and require attention. The UK is very active in advancing its distinct post-Brexit regulatory environment, and as one contributor outlines, one area of particular focus is the development of a regulatory regime for the cryptocurrency market.

Elsewhere in this edition, other important jurisdictions such as the Cayman Islands continue to refine their rules and frameworks for our industry. This edition is not exclusively focused on regulation however and readers are encouraged to discover what contributors have to say on other evergreen issues for alternative investment funds including operational efficiencies and optimal relationships with service providers. As all these issues, and a host of others, play out around the world where AIMA remains fully committed to serving our global members in their respective regions.

Finally, I would like to draw your attention to a guest piece by Help for Children, the charity formed within our industry and one that it is my privilege to chair. which highlights its progress in its mission to prevent and treat child abuse. The piece explains how you can help by sponsoring and attending this year’s UK charity ball in November. I along with many of my AIMA colleagues will be in attendance and we hope to see you there.