The regulatory landscape for investment fund management within the EU underwent an evolution with the enactment of ‘Directive (EU) 2024/927 on Delegation Arrangements, Liquidity Risk Management, Supervisory Reporting, the Provision of Depositary and Custody Services and Loan Origination by Alternative Investment Funds’, commonly referred to as AIFMD II (or the “Directive”). The legal regime regulates alternative investment funds (“AIFs”) and their fund managers. AIFMD II replaces the first AIFMD. The publication of the AIFMD II in the EU's Official Journal on the 26th of March 2024 marked the commencement of this new phase in European fund regulation, with the Directive…
Mario Mizzi23rd April 2024