ARTICLE · 15 JUNE 2024

Unveiling AIFMD II: Gear Up Now!

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On 26 March 2024, a new chapter was written in the annals of the European Union (EU)'s regulatory framework. The European Directive (EU) 2024/927, also known as AIFMD II...

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On 26 March 2024, a new chapter was written in the annals of the European Union (EU)'s regulatory framework. The European Directive (EU) 2024/927, also known as AIFMD II, was published in the Official Journal of the EU, setting a new milestone in the governance of alternative investment activities within the EU.

This directive, which amends the previous Directives 2011/61/EU (the AIFMD) on alternative investment fund managers (AIFMs) and 2009/65/EC (the UCITSD) on undertaking for collective investment in transferable securities (UCITS), comes more than a decade after the AIFMD. Its primary aim? To enhance investor protection, strengthen regulatory oversight, and promote market integrity within the alternative investment sector.

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