On 18 December 2014, the European Commission published the text of a Delegated Regulation it adopted on information to be provided by national competent authorities (NCAs) to ESMA under AIFMD.
Under Article 67(3) of the AIFMD, NCAs must report quarterly to ESMA information on AIFMs that are managing or marketing AIFs under their supervision, either under the application of the passport regime or under their national regimes. The Delegated Regulation sets out the information to be reported. The draft Delegated Act follows the advice delivered by ESMA, with additional detail on reporting of measures adopted by NCAs, as well as information on the impact on UCITS funds and their managers. The Delegated Regulation will come into force 20 days after its publication in the Official Journal of the EU (OJ).