Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 30 MAY 2024

AIFMD And UCITSD Review Published In The Official Journal!

Lydian
Explore more from Lydian

On 26 March 2024, the AIFMD and UCITSD review was published in the Official Journal (the Review). The Review introduces significant changes to the existing Directives in order to further harmonise

BelgiumFinance and Banking
Tom Geudens
Tom Geudens
Matthias De Cock
Matthias De Cock
Clément Defechereux
Clément Defechereux

On 26 March 2024, the AIFMD and UCITSD review was published in the Official Journal (the Review). The Review introduces significant changes to the existing Directives in order to further harmonise regulatory requirements across the investment fund sector. In this e-zine we take a closer look at the main changes brought about by the Review.

I. BACKGROUND

The 2011 AIFMD was a key post-crisis regulatory initiative that introduced a coherent supervisory approach of Alternative Investment Fund Managers (AIFMs), i.e. managers of any type of investment fund, whether regulated or not, that does not qualify as a UCITS (e.g. private equity funds, real estate funds, hedge funds). The AIFMD also aimed to provide high-level investor protection while facilitating the integration of AIFs in the EU market.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

The PSR And PSD3 Move Forward: What The EU's New Payments Framework Means For Regulated Firms

The European Union is implementing its most comprehensive overhaul of payment services regulation since PSD2, merging payment services and electronic money frameworks into a unified system through the new Payment Services Regulation and Third Payment Services Directive. This reform introduces mandatory fraud prevention measures, a harmonized authorization regime, and enhanced open banking requirements that will fundamentally reshape compliance obligations for financial institutions across the EEA.
European UnionFinance and Banking
PwC Legal Germany
PwC Legal Germany
Article

CRD VI: Belgium Adopts New Rules For Third-country Branches Banking Activities

Belgium has adopted its CRD VI transposition law, introducing a harmonised regime that requires non-EEA banking institutions to establish NBB-authorised branches when providing core banking services in Belgium. The new framework, which takes effect on 11 January 2027, marks a significant shift from Belgium's previous approach that generally permitted cross-border lending without local authorisation.
BelgiumFinance and Banking
Loyens & Loeff
Loyens & Loeff
Article

Implementation Of AIFMD II In Belgium And New Flexibilities For UCITS And AIFs

The Belgian legislator has completed the implementation of AIFMD II through the Law of 22 July 2026, introducing significant regulatory changes for investment funds and their managers. Beyond the mandatory transposition, Belgium has introduced welcome flexibilities including expanded permitted activities for UCITS management companies and AIFMs, streamlined share class creation processes, and relaxed fit and proper requirements for certain fund managers.
BelgiumFinance and Banking
ALTIUS
ALTIUS