AIFMD Level 2 Acts & Technical Standards
Delegated Regulations, Implementing Regulations, Regulatory Technical Standards (RTS), Implementing Technical Standards (ITS), and Commission Decisions supplementing Directive 2011/61/EU.
| Measure type | Title & reference | Summary & scope | Empowering articles |
|---|---|---|---|
| Delegated Regulation | AIFMD Level 2 Regulation | General operating conditions, depositaries, leverage, transparency, valuation and net asset value calculations. | |
| Implementing Regulation | AIFMD Opt-in Regulation | Procedure for AIFMs which choose to opt in under Directive 2011/61/EU. | |
| Implementing Regulation | AIFMD Member State of Reference Regulation | Procedure for establishing the Member State of reference of a non-EU AIFM. | |
| Regulatory Technical Standard (RTS) | RTS on Open-ended & Closed-ended AIFMs | Regulatory technical standards determining types of alternative investment fund managers (open-ended vs closed-ended). | |
| Delegated Regulation | ESMA AIFM Fees Regulation (2015) | Fees charged by the European Securities and Markets Authority (ESMA) to AIFMs. | |
| Implementing Decision | Equivalence Decision on Depositary Frameworks | Equivalence of the legal and supervisory framework of third countries regarding depositaries. | |
| Delegated Regulation | ESMA Non-EU AIFM Fees Regulation (2024) | Updated supervisory fees charged by ESMA to non-EU AIFMs. | |
| Implementing Technical Standard (ITS) | ITS on Annex IV Supervisory Reporting | Standard reporting forms, templates and procedures for supervisory reporting by AIFMs. | |
| Regulatory Technical Standard (RTS) | AIFMD II RTS on Liquidity Management Tools | Regulatory technical standards under AIFMD II specifying characteristics and activation rules for liquidity management tools. |