Oh no! You made a mistake in your AIFMD report! 🤦 As Fund Managers, we’ve all been there. It’s no fun getting reprimanded by the Regulator. ❌Don’t beat yourself up about it too much, because the AIFMD Annex IV reporting guidelines are so complex that it’s easy to slip up. However… ✅Do make sure you learn from this, because you want to avoid these errors next time. The last thing you want is the Commission thinking your organization is not on top of its game. Here are some tips for what you can do better moving forward: Instead of collecting data from different sources at the last minute, create a system to organize your data so you have everything in one place ahead of time. Develop a detailed process for your reporting obligation with a designated responsible person, and document it so the responsibility can be easily transferred to a different person when necessary. Use supporting applications or service providers to make everything even faster and easier. Why stress over complex reporting when you can simplify it with these simple steps? Let's keep things smooth, accurate, and stress-free. Plus, you remain in the good graces of the Regulator! #aimfd #regulatoryreporting #aifmdannexiv #ALFI
Jeroen Cremer’s Post
More Relevant Posts
-
CySEC’s findings on AIFMD Reporting for 31st December 2023 Key Takeaways: - Outdated Reporting Tools: Some AIFMs did not use the latest AIFMD application, leading to rejections. - Timely and Accurate Submissions: Delays in submitting AIFMD Reports, particularly for the reference year 2023, were identified. - Monitoring Feedback Files: AIFMs who failed to monitor feedback files for their AIFMD Reports, did not correct rejected reports promptly. - Liquidation Reporting: Some AIFMs have failed to submit details on AIFs’ liquidation. - Correctness of Information: Incorrect reporting codes were used. Read more: https://bit.ly/4i7kxyR #AMFGlobal #CySEC #AIFMD #FinancialReporting #InvestmentFunds #CyprusFinance #RegulatoryUpdates
To view or add a comment, sign in
-
Why do AIFMD regulations keep changing—and how can you stay ahead? As fund managers in the alternative assets space, we know that AIFMD regulations are updated regularly. Sometimes it seems like the rules are constantly shifting. Some reasons are: ▶️Market Evolution: The financial landscape is dynamic, with new asset classes, technologies, and investment strategies emerging all the time, so regulators adjust AIFMD to these changes. ▶️Risk Management: As new risks develop—whether from economic shifts, market volatility, or systemic threats—regulations change to protect investors and maintain market stability. ▶️Global Harmonization: With financial markets becoming more interconnected, AIFMD adapts to align with global standards, ensuring that European funds remain competitive and compliant on an international level. So how do you make sure you’re always up to date? Here are some tips: ✅Continuous Learning: Make it a habit to regularly review updates from regulatory bodies and industry experts. Webinars, workshops, and industry conferences are great for this. ✅Utilize Technology: Invest in compliance software that automatically tracks regulatory changes and updates your reporting processes accordingly. ✅Engage with Compliance Experts: Connect with legal advisors and compliance consultants who specialize in AIFMD, like the team at Matterhorn. Insights from industry experts are invaluable! Always keep learning and adapting! 🚀 #aimfd #regulatoryreporting #aifmdannexiv #ALFI
To view or add a comment, sign in
-
Master the essentials of regulatory compliance, AIFMD, MIFID, and UCITS directives to optimize your fund or management company's structure! 📊💼🔍 Apply now and stay compliant: https://buff.ly/47RRKtF #RegulatoryCompliance #AIFMD
To view or add a comment, sign in
-
In this video, we explore how the updated AIFMD 2.0 rules on loan origination will impact fund managers and their operations. With new compliance challenges ahead, IQ-EQ is here to guide you through the complexities and ensure you're fully prepared. Watch the video to discover the key changes, and reach out to learn how IQ-EQ can help you navigate this evolving regulatory landscape. https://ow.ly/8Ey450TVhyT Rachel Aldridge Gautier Despret, FRM, ACCA, CAIA #AIFMD #LoanOrigination #FundManagement #RegulatoryCompliance #oneiqeq
To view or add a comment, sign in
-
The new amended Directive AIFMD II has been published in the official Journal in March 2024, and entered into force on April 15th, 2024. The new measures will become effective on the 16th of April 2026. If you're wondering what the most significant amendments are compared to AIFMD and how it will impact market players, check out this informative article by ILA. Stay ahead of the game and learn more about AIFMD II and its potential impact on the industry. #AIFMDII #Alterdomus #ILA
To view or add a comment, sign in
-
"I ❤️ #AIFMD #AnnexIV reporting" is not something often heard the #AlternativeAssets industry, but it is at Apex Group Ltd. With key deadlines fast approaching for many #FundManagers, our teams are more ready than ever to support and manage your #RegulatoryReporting filings from end-to-end. Want to have a chat? 👉 Please do get in touch to find out how we can help. #Regulation #AIFMD #ComplianceSolutions #RegTech
💫 Stay ahead of the curve with our AIFMD Annex IV Reporting solution: https://okt.to/GIsiA7 As year-end approaches, ensuring you meet the key filing requirements is essential for both EU and non-EU fund managers. Our dedicated solution offers: ✅ Comprehensive filing preparation – Ensuring your filing is accurate and fully compliant with regulatory standards ⏰ Deadline management – Timely and proactive preparation to meet all submission deadlines 📥 Submissions management – We handle filing submissions directly to the relevant regulator(s) 🔄 Ongoing compliance support – Beyond the initial filing, we provide continuous assistance to help maintain compliance For more information, please reach out to Paul Séjournant, CAIA, Head of Product Development and Operations, Compliance Services. #ApexGroup #ComplianceSolutions #FinancialServices #ComplianceServices #AssetManagement #AML
To view or add a comment, sign in
-
Fund managers looking for support with AIFMD reporting are often tempted to call in the big guns: the “big four firms”. They’ve got the name recognition, but let’s be real: their price tags are designed for deep-pocketed giants, not really for smaller funds. And even most lesser-known agencies are still quite pricey. We thought: “There should be a better option that keeps cost-benefit in balance for smaller funds…” So, we put together a full service structure to take care of your AIFMD reporting without breaking the bank. And 💥BOOM💥 Matterhorn’s managed service was born! Remember, when it comes to reporting services, it’s all about balance, never overspend or underspend. With the right tools, you can streamline your Annex IV reporting process and keep your budget in check. #aimfd #regulatoryreporting #aifmdannexiv #ALFI
To view or add a comment, sign in
-
The golden rule for AIFMD Annex IV reporting: Always use your resources efficiently 💸 Whether it’s time, money, or your people, try to be mindful of your resources to ensure they are allocated to the right priorities. It may sound simple, but often Fund Managers don’t realize (or realize too late) when their organization is wasting its resources. It makes sense to hire support for your AIFMD reporting, as mistakes and missed deadlines can cause fines and an excess of last minute labor hours. But it wouldn’t make sense to hire a fulltime expert just for your quarterly or annual reporting, unless you have enough other tasks for them throughout the year. Hiring a service agency could be more efficient. But which one? Perhaps one of the Big Four? Bigger investment funds can afford their price tag, but the cost-benefit picture looks different for smaller funds. The bottom line is; don’t waste resources by underspending or overspending on AIFMD reporting. Choose the service that best suits the needs of your fund type. Efficient use of resources = happy days 💸 #aimfd #regulatoryreporting #aifmdannexiv #ALFI
To view or add a comment, sign in
-
Examining AIFMD II: Overview and perspectives from Germany, France, the Netherlands and the UK.
To view or add a comment, sign in