8 luglio 2025
Investment Funds
EU, Luxembourg and UK Sources
Please follow the links below to access key EU sources.
- AIFMD (Directive 2011/61/EU)
- AIFMD II (Directive 2024/927/EU)
- Linklaters unofficial consolidated text of AIFMD and AIFMD II
- Level 2 Regulations (Commission Delegated Regulation (EU) No 231/2013)
- Other Commission Regulations:
- Establishing an opt-in procedure for AIFMs (Commission Implementing Regulation (EU) No 447/2013)
- Standards for determining types of AIFM (open-ended / closed-ended) (Commission Delegated Regulation (EU) No 694/2014)
- Establishing a procedure for determining the member state of reference for non-EU AIFMs (Commission Implementing Regulation (EU) No 448/2013)
- Administration of benchmarks (Regulation (EU) 2016/1011)
- Sustainability related disclosures (Regulation (EU) 2019/2088)
- The European Commission webpage on implementation of AIFMD (under heading “Relevant Legislation”) including:
- Implementing and delegated acts - AIFMD
- National transposition measures communicated by Member States
- Guidance on the implementation and interpretation of AIFMD:
- Commission Q&As (Directive 2011/61/EU)
- ESMA Q&A on the Application of the AIFMD, up to 31 December 2023
- ESMA Q&As tool for Q&As issued from 1 January 2024
- ESMA guidelines on:
- Key concepts of AIFMD
- Reporting obligations under Articles 3(3)(d) and 23(1), (2) and (4) of the AIFMD
- Sound remuneration policies under the AIFMD together with this amendment
Please follow the links below to access key Luxembourg sources.
- Luxembourg AIFM Law (law of 12 July 2013 on alternative investment fund managers)
Please follow the links below to access key UK sources.
- UK Regulation (The Alternative Investment Fund Managers Regulation 2013)
- FUND (the FCA’s Investment Funds sourcebook)
- AIFMD marketing guidance (Part 8.37 of The Perimeter Guidance manual)
- Guidance on the scope of AIFMD in the UK (Part 16 of The Perimeter Guidance manual)
- AIFM Remuneration Code (Part 19B of the FCA’s Senior Management Arrangements, Systems and Controls Handbook)