Events listed in Alternative Investment Fund Managers Directive (AIFMD)
Ponowne rozpoznanie sprawy Raiffeisen Bank Polska korzystne dla KNF
ID 25632
On 19 April 2023, the Supreme Administrative Court considered the cassation appeal submitted by the KNF and upheld the raised allegation of no violation of Article 107 § 3 of the Code of Administrative Procedure regarding the adequacy of reasoning in the decision. On 21 April 2023, the KNF published a press release to inform that the Supreme Administrative Court upheld the KNF’s decision ...
Circulaire CSSF 23/844
ID 25621
Circular CSSF 23/844, titled „Reporting obligations for Alternative Investment Fund Managers,“ addresses AIFMs governed by Luxembourg law and individuals involved in the operation and control of these entities. The directive under consideration is Directive 2011/61/EU, commonly referred to as „AIFMD,“ enacted by the European Parliament and the Council on 8 June 2011. **AIFMD imposes periodic reporting requirements on AIFMs based on factors such as ...
Central Bank published 48th Edition of the AIFMD Q&A
ID 25606
The AIFMD Q&A, first published on 16 May 2013 by the Irish Central Bank, recently came out in its 48th Edition. This Q&A aims to address anticipated questions related to the implementation of the AIFMD, providing guidance until definitive positions and practices are established. Not intended for assessing regulatory compliance, the Q&A is accessible through ‚Markets Update‘ and the Central Bank website, subject to ...
CP155 – Consultation on ELTIF chapter in the AIF Rulebook
ID 25605
The Central Bank of Ireland has proposed to update the AIF Rulebook with a dedicated chapter on ELTIFs. The AIF Rulebook, introduced in 2013, serves as a comprehensive guide for the regulation of AIFs and their managers under the AIFMD. The upcoming ELTIF chapter, to be positioned as Chapter 6, will encompass six sections divided into two parts: Part I of the ELTIF chapter ...
Fondi alternativi, nuova revisione dei criteri di validazione delle segnalazioni
ID 25551
From 15 November 2023, the sixth revision of the IT Technical Guidance will come into effect. It introduces new validation criteria for reports required by the European AIFMD directive, which regulates alternative investment fund managers. SGR responsible for managing and marketing FIA, as well as SICAV and SICAF that manage their own assets, are required to submit reports as mandated by the AIFMD directive ...
ALFI statement on the conclusion of trialogue negotiations concerning the AIFMD ...
ID 25514
ALFI published as statement on the conclusion of trialogue negotiations concerning the AIFMD review, a process initiated over three years ago following various reports and consultations by the European Commission. While the primary focus was on managers of alternative investment funds, revisions to several provisions of the UCITS Directive have also ensued. **The revised directives will impose increased information requirements upon the authorization of ...
Asset Management
conference / webinar
AIFM Reporting webinar
ID 25247
In a recent press release dated 18 September 2023 (eventid=22966), the CSSF announced that AIFMs would have the option to submit their AIFM reporting using an API interface based on S3 technology, starting from 2 November 2023. To provide a comprehensive understanding of this new transmission solution, a specialized webinar has been scheduled for Wednesday, 18 October 2023, between 3 and 4 pm. The ...
New communication means for AIFM reporting as of 2 November 2023
ID 25043
The CSSF has introduced a new communication method for AIFMs starting on 2 November 2023. This initiative was developed collaboratively with industry pilot entities and aims to facilitate the submission of AIFM reporting using an API solution known as S3 technology. As of 2 November 2023, AIFMs will have the option to utilize this newly established API solution for their AIFM reporting requirements. Furthermore, ...
Blijf alert op voldoende LMT’s en correcte AIFMD-rapportage
ID 25021
The Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB) are urging Dutch fund managers to ensure they have sufficient liquidity management tools (LMTs) in place, regardless of investor type, and to report their use correctly. This call comes after an investigation in 2022 revealed that **some funds lack adequate LMTs, which can lead to asset fire sales during market ...
ESMA performs an analysis of the cross-border investment activity of firms
ID 24286
ESMA and NCAs conducted an analysis of cross-border investment services in 2022. While such services offer advantages like competition and expanded choices, they necessitate increased supervision and cooperation among NCAs. Key Points: – Data from 29 jurisdictions reveals insights into retail investor services. – 380 firms provided cross-border services, with 59% being investment firms and 41% credit institutions. – About 7.6 million EU/EEA clients ...