As part of a series of measures to strengthen investor protection, the EU Commission proposed a number of changes regarding the management of AIFs, UCITS and long-term investment funds (ELTIFs) on November 25, 2021.
reporting is particularly affected in two respects:
- The current AIFMD template will be replaced by a revised
version.Updated regulatory technical standards (RTS) and implementing
technical standards (ITS) are currently being prepared by ESMA.
- UCITS managers will have to prepare regular supervisory reports in the
future. New RTS and ITS are also in the works for this purpose.
One of the focal
points of the revisions is liquidity provisioning, more precisely a clearer
definition of liquidity management tools (LMT).
proposals are adopted by the EU, the revisions will come into force within 24
months (probably 2024).
We will keep you
informed in this regard and will provide the appropriate reporting solutions in
If you have any
questions, please feel free to contact our experts at any time.