ESMA updates AIFMD Q&As


The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers  on the application Alternative Investment Fund Managers Directive (AIFMD).

ESMA has added a new Q&A clarifying the application of the AIFMD notification requirements with regard to AIFMs managing umbrella AIFs on a cross-border basis.

The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the AIFMD and its implementing measures.

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