The European Commission has adopted a delegated regulation supplementing the Directive on Alternative Investment Fund Managers (AIFMD). The delegated regulation contains provisions on exemptions, general operating conditions, depositaries, leverage, transparency and supervision. It is subject to a scrutiny period by the European Parliament and the Council until the end of March.
Furthermore, the ESMA has published two consultation documents clarifying terms used in the AIFMD:
- Draft regulatory technical standards on types of AIFMs (consultation)
- Guidelines on key concepts of the AIFMD (consultation)
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