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.
ESMA Consultation paper on Guidelines on Liquidity Management Tools of UCITS and open-ended AIFs
ESMA Consultation paper on Draft RTS on Liquidity Management Tools under the AIFMD and UCITS Directive
EBA & ESMA discussion paper on the Commission’s call for advice on the prudential framework for investment firms
Monthly Statistics August 2020 | UCITS and AIFs continue to record net inflows in August
The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for August 2020*.
Bernard Delbecque, Senior Director for Economics and Research commented: "Thanks to positive news on the global economic recovery, long-term UCITS continued to record net inflows in August, albeit at a slower pace than during the previous four months."
Monthly Statistics July 2020 | Investors remained confident in investment outlook in July
The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for July 2020*.
International Statistics Q2 2020 | Solid growth of worldwide fund assets in second quarter as global financial markets post strong recovery
The European Fund and Asset Management Association (EFAMA), has today published its latest International Statistical Release describing the trends in worldwide investment fund industry in the second quarter of 2020*.
Worldwide regulated open-ended fund assets increased by 9.8 percent to EUR 51.7 trillion in the second quarter of 2020. Worldwide net cash flow to all funds amounted to EUR 818 billion, compared to EUR 617 billion in the first quarter of 2020.
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.
Asset Management Report 2017
