ESMA opened a consultation (closing 1 July 2013) on guidelines on reporting obligations under Articles 3 and 24 of the AIFMD. The consultation concerns the obligation on AIFMs to report prescribed information on the portfolio of the AIFs they manage or market in the EU. A reporting template is set out in the Commission Delegated Regulation (EU) No 231/2013, and the consultation aims to standardise the format of the information AIFMs send to their home regulator. Annex III to the consultation contains ESMA's proposed guidelines which, among other things, set out the information below.

  • The information that AIFMs should report to home regulators.
  • The timing of making reports (ESMA recommends aligning reporting with the calendar year).
  • The procedures to be followed when an AIFM moves from one reporting obligation to another.