Directive 2011 61 eu on alternative investment fund managers aifmd must be implemented by eu member states by 22 july 20. Aug 08, 20 2 directive 2011 61 eu of the european parliament and of the council 8 june 2011 on alternative investment fund of managers and amending directives 200341ec and 200965ec and regulations ec no 10602009 and eu no 10952010. Directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers and amending directives 200341ec and 200965ec and regulations ec no 10602009 and eu no 10952010. Commission regulation eu no 231202, commission regulation eu no. The agency was officially launched in march 2011 and has its seat in ljubljana, slovenia. Directive 2011 61 eu on alternative investment fund managers the following is a summary of certain relevant provisions of the directive 2011 61 eu on alternative investment fund managers the directive of june 8, 2011 along with esmas final report to the commission on possible implementing measures of the directive as of november 16, 2011. Directive 2032eu of the european parliament and of the. Financial conduct authority october 20 3 crd iv for investment firms 2 implementation cp12 abbreviations used in this document aif alternative investment fund aifm alternative investment fund manager aifmd directive 2011 61 eu or alternative investment fund managers directive basel committee basel committee on banking supervision bcd directive 200648ec. The european union agency for the cooperation of energy regulators the agency is the european union body created by the third energy package to achieve the internal energy market iem. Aifmd regulates the activities of alternative investment fund managers aifms and their alternative investment funds aifs. Proposal for a directive of the european parliament and of the council amending directive 200965ec of the european parliament and of the council and directive 2011 61 eu of the european parliament and of the council with regard to cross b order distribution of collective investment funds. It is a framework level 1 directive which has been supplemented by technical delegated and implementing measures. This text does not contain the annex to directive 200183 ec. En amendment 5 proposal for a directive recital 4 text proposed by the commission amendment.
Among other conditions, and as a consequence of the crossborder dimension of the. Directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers and amending directives 200341ec and 200965ec and regulations ec no 10602009 and eu no 10952010 text with eea relevance. Directive 2011 61 eu is complemented by four fund frameworks. The aifmd framework is made up of the following eu legislation. Eu and directive 2011 61 eu on crossborder distr ibution of collective investment fund com2018 92 final 20180041 cod proposal for a regulation of the european parliament and of the council on the law applicable to the thirdpar ty effects of assignments of claims. Directive 201459 eu of the european parliament and of the council of 15 may 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending council directive 82891eec, and directives 200124ec, 200247ec. The alternative investment fund managers directive 2011 61 eu or aifmd for short is an eu law on the financial regulation of hedge funds, private equity, real estate funds, and other alternative investment fund managers aifms in the european union. Level 1 measures 9 9 directive 2011 61 eu on alternative investment fund managers aifmd level 2 measures 440, 485, 549, 552, 553. The following is a summary of relevant provisions of the directive certain 2011 61 eu on alternative investment fund managers the directive of june 8, 2011 along with esmas draft technical advice to the commission on possible implementing measures of the directiveas of july, 2011.
Directive 201165 eu of the european parliament and of the council of 8 june 2011 on the restriction of the use of certain hazardous substances in electrical and electronic equipment recast text with eea relevance the european parliament and the council of the european union, having regard to the treaty on the functioning of the european. Opinion of the european economic and social committee on. Aifmd is supplemented by a delegated regulation aifmd regulation. Level 2 regulations commission delegated regulation eu no 23120 of 19 december 2012 supplementing directive 2011 61 eu of the european parliament and of the council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision marketing rules the aifmd marketing rules, 20. Law of 12 july 20 on alternative investment fund managers. Directive 201465eu of the european parliament and of the. The annex currently in force is laid down in commission directive 200363ec of 25 june 2003 amending directive 200183 ec of the european parliament and of the council on the community code relating to medicinal products for human use official journal l 159, 2762003 p. Alternative investment fund managers directive 2011 wikipedia. English francais eu declaration of conformity ue declaration. Directive 201161eu on alternative investment fund managers. Article 41 of directive 201465 eu of the european parliament and of the council of 15 may 2014 on markets in financial instruments and amending directive 200292ec and directive 2011 61 eu recast2. May 15, 2014 directive 201465 eu of the european parliament and of the council of 15 may 2014 on markets in financial instruments and amending directive 200292ec and directive 2011 61 eu recast text with eea relevance the european parliament and the council of the european union. Introduction the fight against late commercial payment is a matter of increasing concern to the eu member. The directive requires all covered aifms to obtain authorisation, and make various disclosures as a condition of operation.
Commission regulation eu no 23120 2, commission regulation eu no 44720. Council directive 201196eu of 30 november 2011 on the common system of taxation applicable in the case of parent companies and subsidiaries of different member states recast the council of the european union, having regard to the treaty on the functioning of the european union, and in particular article 115 thereof. Directive 201162eu of the european parliament and of the council of 8 june 2011 amending directive 200183ec on the community code relating to medicinal products for human use, as regards the prevention of the entry into the legal supply chain of falsified medicinal products text with eea relevance the european parliament and the council. Directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers aifmd allows noneu aifms to manage and market aifs in the eu insofar as they comply with the specific rules in chapter vii of aifmd. Having regard to the treaty on the functioning of the european union, and in. Annex a transposition table for uk implementation of the. However, on the basis of eu law its seems that a ucits fund could claim direct application of the ucits iv directive provisions in respect of its operations in a relevant eu member state. In order to comply with the requirements of the second subparagraph of article 241 and of point d of article 33 of directive 2011 61 eu, an aifm shall provide the following information when reporting to competent authorities. Having regard to directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers and amending directives 200341ec and 200965ec and regulations ec no 10602009 and eu no 10952010 1, and in.
Directive 201165eu of the european parliament and of the council of 8 june 2011 on the restriction of the use of certain hazardous substances in electrical and electronic equipment recast text with eea relevance the european parliament and the council of the european union, having regard to the treaty on the functioning of the european. Crd iv for investment firms 2 implementation cp12 abbreviations used in this document aif alternative investment fund aifm alternative investment fund manager aifmd directive 2011 61 eu or alternative investment fund managers directive basel committee basel committee on banking supervision bcd directive 200648ec or banking. Law of 17 december 2010 relating to undertakings for. Council directive 201196eu of 30 november 2011 on the.
Restriction of hazardous substances directive wikipedia. Directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers and amending. Directive 201162eu of the european parliament and of the. Directive 201162 eu of the european parliament and of the council of 8 june 2011 amending directive 200183ec on the community code relating to medicinal products for human use, as regards the prevention of the entry into the legal supply chain of falsified medicinal products text with eea relevance the european parliament and the council.
Directive 201465eu of the european parliament and of the council of 15 may 2014 on markets in financial instruments and amending directive 200292ec and directive 2011 61 eu recast text with eea relevance the european parliament and the council of the european union. Having regard to directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers and amending directives 200341ec and 200965ec and regulations ec no 10602009 and eu no 109520101, and in particular article 36, article 43, article 99, article 123, article 144, article. Commission decision of 31 january 2011 pursuant to. The restriction of hazardous substances directive 200295ec, rohs 1, short for directive on the restriction of the use of certain hazardous substances in electrical and electronic equipment, was adopted in february 2003 by the european union the rohs 1 directive took effect on 1 july 2006, and is required to be enforced and became a law in each member state. Alternative investment fund managers directive 2011. Implementing and delegated acts on directive 2011 61 eu of the european parliament and of the council of 8 june 2011 on alternative investment fund managers and amending directives 200341ec and 200965ec and regulations ec no 10602009 and eu no 10952010 text with eea relevance legal basis individual article type of act list of acts. Directive 201165eu of the european parliament and of the.
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