ESMA Produces Guideline on AIFMD Reporting Obligations

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On October 1, the European Securities and Markets Authority (ESMA) published guidelines on reporting obligations under Articles 3 and 24 of the Alternative Investment Fund Managers Directive (AIFMD) in Annex II of its final report. The aim of the guidelines is to provide clarification on:

  • the information that alternative investment fund managers (AIFMs) should report to national competent authorities (NCAs);
  • the timing of the reports; and
  • the procedures to be followed when AIFMs move from one reporting obligation to another.

Following translation of the guidelines into the official languages of the EU, a two-month notification period will be triggered during which NCAs must notify ESMA whether they comply, or intend to comply, with the guidelines. Final Report.

 

Topics:  AIFMD, ESMA, EU, Reporting Requirements

Published In: Finance & Banking Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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