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ARTICLE · 10 JULY 2013

ESMA Publishes Consultation Paper On AIFMD Reporting Obligations

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Regulation 231/2013 which implemented the Alternative Investment Fund Managers Directive provides details on the reporting obligations to national competent authorities under Articles 3 and 24 of the AIFMD

IrelandFinance and Banking

Regulation 231/2013 (the "Regulation") which implemented the Alternative Investment Fund Managers Directive ("AIFMD") provides details on the reporting obligations to national competent authorities ("NCAs") under Articles 3 and 24 of the AIFMD.

Annex IV of the Regulation contains a reporting template that Alternative Investment Fund Managers ("AIFMs") will have to use in order to comply with their reporting obligations.

The European Securities and Markets Authority ("ESMA") has now published a Consultation Paper on ESMA's draft Guidelines on reporting obligations under Articles 3 and 24 of the AIFMD (the "Guidelines") in order to supplement the Regulation and to standardise the format of the information sent to the NCAs.

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