Horizon Scan for Private Investment Funds: Key Recent Legal and Regulatory Developments to look out for in the coming months (February 2026)

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This horizon scan sets out the main legal and regulatory developments (not including tax) that European managers should look out for in the coming months. In our full analysis, we have categorised topics under the following headings: (i) sustainable finance (EU and UK); (ii) regulatory priorities (EU and UK); (iii) reform of the Alternative Investment Fund Managers Directive (AIFMD); (iv) UK financial crime; (v) accessing a broader pool of capital; and (vi) transparency reporting and impact on funds. We have discussed each topic and commented on issues we think are especially noteworthy.

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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. Attorney Advertising.

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