%0 Journal Article %T Implementation of Directive 2011/61/Eu of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers Into Czech Legal System %A Šiková, Zuzana %J Financial Law Review %V 2021 %R 10.4467/22996834FLR.21.004.13287 %N Issue 21 (1)/ 2021 %P 47-61 %K Investment fund, Underhand Retail Investment Fund, Implementation, Management of assets comparable to the management of Investment Funds, Alternative Investment Fund %D 2021 %U https://ejournals.eu/en/journal/financial-law-review/article/implementation-of-directive-2011-61-eu-of-the-european-parliament-and-of-the-council-of-8-june-2011-on-alternative-investment-fund-managers-into-czech-legal-system %X This contribution deals with the implementation of Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 into Czech legal system. The main aim of the contribution is to confirm or disprove the hypothesis that entity in Section 15 of Act no. 240/2013 Coll, on Investment Companies and Investment Funds, as amended, is an alternative fund according to the Directive 2011/61/EU and that Directive 2011/61/EU was not transposed in Czech Republic properly. Author used to confirm or disprove above mentioned hypothesis scientific methods, especially comparison, induction and deduction. This contribution also looks at the Directive 2011/61/EU evaluation of its effectiveness and possible development of regulation in this area.