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ARTICLE · 15 APRIL 2024

AIFMD II – A Step Closer To Entry Into Force

Finance Malta
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On 26 February 2024, the Council of the European Union announced that it adopted the proposed Directive amending the Alternative Investment Fund Managers Directive...

MaltaFinance and Banking
Ganado Advocates
Ganado Advocates
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On 26 February 2024, the Council of the European Union announced that it adopted the proposed Directive amending the Alternative Investment Fund Managers Directive (2011/61/EU) ("AIFMD") and the UCITS Directive (2009/65/EU), commonly referred to as the 'AIFMD II' (2021/0376 (COD)).

The targeted amendments to AIFMD and the UCITS Directive form part of a package of reforms adopted by the European Commission to progress its second action plan on the Capital Markets Union. The key provisions of AIFMD II deal with the following:

  1. Delegation Arrangements
  2. Liquidity Risk Management
  3. Loan Origination by Alternative Investment Funds
  4. Depositary Services
  5. Ancillary Services
  6. Fund Marketing

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