ESMA consults on AIFM Directive reporting obligations

The European Securities and Markets Authority has published a consultation paper on its proposed guidelines for national regulators on the reporting obligations placed on alternative fund managers under Articles 3 and 24 of the Alternative Investment Fund Managers Directive.

The guidelines have been drawn up to assist the national securities market regulators of European Union member states by providing clarification on the information that managers should provide to their regulators, the timing of reporting, and the procedures to be followed when managers move from one reporting obligation to another…

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