AIFMD
The AIFMD is one of the pillars of EU regulation for investment funds, crucial to the development of the Capital Markets Union and the EU’s post-pandemic economic recovery. Since 2010 the AIFMD has set high standards of harmonisation in the alternative investment fund management sector. It currently provides a consistent regulatory approach to potential risks of the financial system, better coordinated supervision, and a high level of investor protection.
EFAMA’s priority will be to ensure low touch review of the framework, and continue facilitating exchange of information amongst members to ensure the highest standards in the application of the measures.
Policy Recommendations for the Next European Commission
EFAMA responds to ESMA Consultation on Liquidity Stress Testing in UCITS and AIFs
EFAMA response to ESMA's CP on integrating sustainability risks & factors in the UCITS Direcive & AIFMD
EFAMA expresses strong support for the Draft report of MEP Isabel Benjumea on the Review of the AIFMD and UCITS Directive
EFAMA’s position on the EC's review of the AIFM and UCITS directives
We welcome the targeted approach of the Commission in its review, recognising the overall success of the frameworks over the past decade.
IMF 2021: Thought-provoking discussions and insightful presentations
This year’s Investment Management Forum featured an incredible number of high-level speakers and thought-provoking discussions.
Investment Funds Distributor Due Diligence Questionnaire
Funds face unique challenges in performing intermediary oversight, and especially so because of MiFID II requirements, changing regulatory landscapes, and the absence of an industry agreed-upon standard between funds and their distribution channels. To help address these challenges, a dedicated working group developed a uniform due diligence questionnaire (DDQ) that will serve as the standard for investment funds (UCITS and AIFs) in performing onboarding and ongoing oversight of distribution channels.
AMIC EFAMA Report - Managing fund liquidity risk in Europe - 2020
In 2019, AMIC and EFAMA decided to update their 2016 report “Managing Fund Liquidity Risk in Europe” following important policy and regulatory developments at EU and international levels. The purpose of this updated report is to outline the practical liquidity risk management processes which fund management companies put in place when setting up a fund and implement throughout the life of the fund. Also, the report describes the existing European and international regulatory frameworks in the area of fund liquidity risk management.