What is AIFMD reporting?
The purpose of AIFMD reporting is to effectively monitor and prevent systemic risk and market disruptions. The reporting obligation applies to registered and authorised AIFMs, and to those AIFMs that are established in a third country (non-EEA country), which market in Finland the AIFs they manage.
What is Annex IV reporting AIFMD?
Firms marketing their funds into, or managing funds from, the European Economic Area (EEA) are required to complete transparency reporting, often referred to as Annex IV reporting. This is required regardless of where in the world firms or their funds are based.
What is the role of an AIFM?
An AIFM is defined as an entity that provides, at a minimum, portfolio management and risk management services to one or more AIFs as its regular business irrespective of where the AIFs are located or what legal form the AIFM takes.
Are AIFMs regulated?
While AIFMD no longer binds the UK in its implementation, the UK has put in place a domestic regime regulating the management and marketing of AIFs in the UK, which generally maintains the rules set out in AIFMD as implemented at the end of the Transition Period.
What is Form PF?
Form PF is a US Securities and Exchange Commission regulatory filing requirement that mandates private fund advisers report regulatory assets under management to the Financial Stability Oversight Council, in order to monitor risks to the US financial system.
What is marketing AIFMD?
What is ‘marketing’ under the Directive? “Marketing” under the Directive means “direct or indirect offering or placement at the initiative of the AIFM or on behalf of the AIFM of units or shares of an AIF it manages to or with [professional] investors domiciled in the EU.”
What is the CSSF’s reporting policy for AIFMs?
The CSSF reminds all AIFMs that they are required to complete an initial self-assessment and ongoing self- monitoring of their reporting duties, taking into account their status and the value of assets under management for all AIFs managed. The AIFM is responsible for informing the CSSF prior to any changes with regard to its reporting duties.
When does an AIFM need to report to the AIFMD?
Authorised AIFMs should report the information required under Article 24 of the AIFMD. 20. For example, if the AIFM is granted authorisation in Q1, it should not report at the end of Q1 but at the end of Q2 for the period covering Q1-Q2; thereafter the AIFM should report in Q3 and in Q4.
What are the reporting obligations for AIFMs using Gabriel?
See ESMA’s final guidelines on the reporting obligations for AIFMs (PDF). AIFMs need to submit transparency reports using Gabriel using a Product Reference Number (PRN). AIFMD data reporting templates for Gabriel. Was this page helpful? What can we do to improve pages like this?
When do AIFMs report to the SEC?
AIFMs subject to half-yearly reporting obligations will report twice a year as of the last business day of June and December and AIFMs reporting on a quarterly basis as of the last business day of March, June, September and De- cember.