Marianna Tothova

Dec 17, 2024 | jdsupra.com | Marianna Tothova

Key Takeaways The EU is seeking to regulate the approach to liquidity management in open-ended alternative investment funds (as well as UCITS) as part of the amendments introduced by AIFMD 2.0 that come into effect on 16 April 2026. Detail regarding the application of the liquidity management tool requirements will be provided in regulatory technical standards (RTS) and a set of guidelines (the Guidelines). ESMA published consultation papers on the RTS and Guidelines on 8 July 2024.

Dec 9, 2024 | solicitorsjournal.com | Marianna Tothova

Alternative Investment Fund Managers Directive (AIFMD) 2.0 makes amendments to AIFMD. It entered into force on 15 April 2024 and, barring some exceptions, EEA Member States have 24 months to implement its provisions into national law. This means changes will largely take effect from 16 April 2026. AIFMD 2.0 includes various reforms for European funds and creates new, specific rules for funds that originate loans.

May 2, 2024 | mondaq.com | Gus Black |Richard Frase |Marianna Tothova |Philippa List

AIFMD 2.01 enters into force today –15 April 2024. Member States have 24 months to transpose the provisions into national law, meaning that AIFMD 2.0 will take effect from 16 April 2026. AIFMD 2.0 provides for some transitional provisions for AIFs that originate loans, and the key date of reference for these transitional provisions is 15 April 2024.

May 2, 2024 | mondaq.com | Arne Bolch |Marianna Tothova |Philippa List |Patrick Goebel

The CSSF has issued a new circular (Circular 24/856) aiming to protect investors in the event of certain errors and breaches. Circular 24/856 will enter into force on 1 January 2025 and will repeal circular 02/77. Compared to circular 02/77, Circular 24/856 widens (i) the type of entities subject to the requirements and (ii) the type of breaches covered by the rectification rules and notification processes.

Apr 15, 2024 | lexology.com | Gus Black |Richard Frase |Marianna Tothova |Philippa List

Key TakeawaysAIFMD 2.01 enters into force today –15 April 2024. Member States have 24 months to transpose the provisions into national law, meaning that AIFMD 2.0 will take effect from 16 April 2026. AIFMD 2.0 provides for some transitional provisions for AIFs that originate loans, and the key date of reference for these transitional provisions is 15 April 2024.