EU and UK Sources

Please follow the links below to access key EU sources.

• Directive text
• Level 2 Regulations text
• Commission Implementing Regulation (EU) No.447/2013 (establishing an opt-in procedure for AIFMs)
• Commission Implementing Regulation (EU) No.448/2013 (establishing a procedure for determining the member state of reference for non-EU AIFMs)
• Commission Delegated Regulation (EU) No.694/2014 (standards for determining types of AIFM)
• ESMA Q&A on the application of AIFMD
• ESMA guidance on:
• key concepts of AIFMD
• regulatory reporting
• AIFMD remuneration regime
• ESMA's advice to the European Parliament, the Council and the Commission on the application of the AIFMD passport to non-EU AIFMs and AIFs
• Q&As on the Directive maintained by the European Commission

Please follow the links below to access key UK sources.

• UK Regulations
• Investment Funds sourcebook (“FUND”)
• Part 8.37 (on AIFMD marketing) of the FCA’s Perimeter Guidance manual (PERG)
• Part 16 (on the scope of the Directive) of the FCA’s Perimeter Guidance manual (PERG)
• Part 19B (on the AIFM Remuneration Code) of the FCA’s  Senior Management Arrangements, Systems and Controls handbook (SYSC)