Jeroen Cremer’s Post

CySEC’s findings on AIFMD Reporting for 31st December 2023   Key Takeaways:   - Outdated Reporting Tools: Some AIFMs did not use the latest AIFMD application, leading to rejections.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

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

AIFMD II has been causing lots of regulatory excitement recently - from a Jersey perspective, the changes to AIFMD I to be brought by AIFMD II will further enhance the benefits of using Jersey as a host jurisdiction. For example, the following significant changes to be brought by AIFMD II will not apply to Jersey AIFMs marketing Jersey AIFs: ·       Requirement for two full time EU resident employees or individuals committed to the conduct of the AIFM’s business ·       Mandatory liquidity management provisions for open-ended AIFs ·       New regime and restrictions on loan originating AIFs ·       Amended delegation framework ·       Enhanced conflict of interests' provisions for third party AIFMs Jersey fund managers will mainly be impacted by the additional investor disclosure and regulatory reporting requirements.

So many fund managers get this wrong… Here’s the truth. As an AIFM you are legally obliged to report CASH. 💰 How? Cash should be reported in the instruments, exposures and portfolio of an AIF. AIFMs should take into account cash and cash equivalents for the purpose of the main instruments in which the AIF is trading, the principal exposures of the AIF and the five most important portfolio concentrations. How does this translate to the Matterhorn template? ➡️ Answer our template questions correctly. From here we'll automatically add the right entries for cash to the POSITION records. #assetmanagement #aifmd #aifmdannexiv

U.S. fund sponsors already face challenges accessing a European investor audience and with AIFMD 2.0 arriving in 2025, they’ll face new levels of scrutiny and compliance requirements, according to CSC’s fund services experts. Fund passporting means U.S. fund managers can seek investment across the EU member states. But they need to adopt the best market entry approaches to maximize reward and minimize associated costs and resources. Partnering with an EU-authorized AIFM can give U.S. sponsors all the benefits of local knowledge, on-the-ground markets experience, and understanding of compliance regimes, as well as lower costs. Read more here: https://lnkd.in/e_eGHpwC.   #AIFMD #assetmanagement #CSC

Compliance risks can severely impact businesses by leading to hefty fines, loss of customer trust, and a negative effect on strategic plans. Speak to our experts.

The latest briefing in our series on AIFMD II focuses on changes to the regulation of open-ended funds, emphasizing robust liquidity management under stressed market conditions. Learn more: https://loom.ly/RMJ46Ac Our funds experts in Luxembourg - partner Herve Leclercq, senior associate Amaury François and associate Arthur Mendegris - cover topics including: 💡 definitions of liquidity management tools 💡 compulsory selection of liquidity management tools for open-ended funds 💡 liquidity management for loan origination investment strategies 💡 precontractual and periodic disclosures #Luxembourg #AIFMD #CorporateLaw #InvestmentFunds #Regulatory

When you work with Alternative Investment Fund Managers it’s important to keep in the loop what is happening in the AIFMD framework. The Chartered Institute for Securities & Investment (The CISI) has useful CPD modules available online to bring you up to speed with the revisions and the introduction of the Alternative Investment Fund Manager Directive II ("AIFMD II"). The European Commission sees a particular need for change in the areas of delegation agreements, liquidity risk management, regulatory reporting, the provision of custody and depository services and lending by alternative investment funds. #AIFMD #Fundadministration #AlternativeInvestmentFundManagersDirective #cisicpd

Are you looking to choose between an AIFMD passport or the National Private Placement Regime (NPPR)? 🇪🇺 We’ve taken a look at both options, discussing the advantages and disadvantages for your fund. You can read more here: https://lnkd.in/esKfHNmj Do get in touch, to talk more over a coffee ☕️. #funds #aifmd #nppr