On August 18th, the European Securities and Markets Authority (ESMA) published a letter that was sent to the European Commission (EC) on recommendations to incorporate in the Alternative Investment Fund Managers Directive (AIFMD).
The ESMA and EU national competent authorities have identified areas of improvement to AIFMD. The review provides the base for their recommendations to be enacted.
The key changes proposed by ESMA in the letter include:
The key changes proposed by ESMA related to regulatory reporting are:
As a SaaS provider for the AIFMD Annex IV reporting, we welcome the recommendations. Our team is ready to incorporate all changes regarding regulatory reporting right from the start.
PhD Christian Engel,
The full length of the letter is available here – https://www.esma.europa.eu/press-news/esma-news/esma-recommends-priority-topics-in-aifmd-review