The European Commission has adopted a delegated regulation supplementing the Directive on Alternative Investment Fund Managers (AIFMD). The delegated regulation contains provisions on exemptions, general operating conditions, depositaries, leverage, transparency and supervision. It is subject to a scrutiny period by the European Parliament and the Council until the end of March.

Furthermore, the ESMA has published two consultation documents clarifying terms used in the AIFMD:

  • Draft regulatory technical standards on types of AIFMs (consultation)
  • Guidelines on key concepts of the AIFMD (consultation)