ESMA Updates Q&A on AIFMD

Published 4 July 2019

PrintCategory: AIFs

On 4 June 2019, ESMA has published an updated version of its Q&A document on the application of AIFMD. The Q&A document provides responses to questions posed by the general public and competent authorities in relation to the practical application of the AFIDM. Highlights of the updated version includes Q&A regarding the distinction between depositary functions and supporting tasks, delegation of safekeeping functions, performance and supervision of depositary functions in case of branches in other member states and delegation of depositary functions to another legal entity within the same group.

Find the updated version here.


Other updates

19 Sep 2023Financial RegulationUpdates

Proposal to amend the PRIIP Level 1 Regulation

The European Commission has earlier this year published a number of targeted proposals to amend the PRIIP Level 1 Regulation, implementing more modern rules on how a PRIIP Key Information Document (KID) is provided to investors. The proposed changes aim to change the content of the (KID) which must be provided to retail investors before investing.

KID / PRIIPS
19 Sep 2023Impact and ESGUpdates

Status on the CSDD Directive

On 13 September 2023, the Danish Corporate Governance Board published their annual account for 2022-2023. The account contains a status on the CSDD Directive which is still negotiated in the EU.

Sustainability
4 Sep 2023Impact and ESGUpdates

Memo from the Danish Financial Supervisory Authority on periodic reporting

On 30 August 2023, the Danish Financial Supervisory Authority (“DFSA”) published a memo describing the requirements in SFDR art. 11 for periodic reporting.

ComplianceDisclosure RequirementsSustainability
22 Aug 2023Impact and ESGUpdates

New reports on the understanding of greenwashing

The progress reports are a result of a push from stakeholders requesting greater market integrity, investor protection and trusted environments for sustainable investments as sustainability has become an important competitive factor.

ESMASustainability
11 Aug 2023Impact and ESGUpdates

European Sustainability Reporting Standards have been adopted

On 31 July 2023 the European Commission adopted European Sustainability Reporting Standards (ESRS) which are mandatory standards for companies under CSRD to use when reporting on sustainability information.

Sustainability
7 Jul 2023Updates

Revision of the Investment Screening Act has entered into force

On 1 July 2023, a revision of the Investment Screening Act (the “Act”) entered into force. The revision revolves around two areas: public contracts and administrative procedures.

Danish RegulationGovernance