The European Commission Publishes Consultation on the Review of the AIFMD
Published 27 October 2020
Category: AIFs
On 22 October 2020, the European Commission published its consultation on the review of the AIFMD seeking the views from stakeholders on how to achieve a more effective and efficient functioning of the European AIF market.
The consultation is a follow-up on the European Commission’s report to the European Parliament and the Council on the scope and the application of the AIFMD.
The consultation covers a wide range of areas, including questions related to:
- the functioning of the AIFMD regulatory framework, scope and authorization requirements
- investor protection, covering issues such as investor classification, adequacy of disclosure requirements, the depositary regime and potential improvements to the AIFMD rules on valuation
- international relations and how best to achieve equitable treatment of non-EU AIFs while at the same time ensuring that EU AIFMs are not exposed to unfair competition
- financial stability and how to ensure that national competent authorities and AIFMs have the tools necessary to effectively mitigate systemic risks
- potential enhancement of the rules on investment in private companies
- how the alternative investment sector can participate effectively in the areas of responsible investing
- the treatment of UCITS
What’s next: The public consultation is open until 29 January 2021 and can be assessed here.
Tags: AIFMDAIFMD review
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