EUROPE: ESMA publishes 3rd revision of AIFMD reporting IT technical guidance

Tuesday March 25 2014

The European Securities and Markets Authority has published a 3rd revision to the IT technical guidance on reporting under the Alternative Investment Fund Managers Directive (AIFMD). The guidance was last updated in December 2013.

Questions regarding technical support should be sent to info.it.aifmd@esma.europa.eu.

Each AIFM should contact directly the national competent authorities to know how the filling of the XML reports will be handled at national level.

AIFMD ANNEX 4 REPORTING

The AIFMD and the AIFMD Level 2 Regulation provided details on the reporting obligations to national competent authorities. In addition, ESMA has developed guidelines on reporting obligations to encourage standardisation.

On 1 October 2013, ESMA published its final report along with additional IT guidance, a reporting template and an ESMA opinion on additional data reporting for the monitoring of systemic risk. The opinion provides details of a set of additional information that national regulators could require AIFMs to report on a periodic basis. Some of the requirements will involve firms collecting new data regarding AIF portfolios and performing new calculations on such data.

Funds-Axis will be providing comprehensive Annex 4 reporting, in conjunction with Miles Software. For details contact info@funds-axis.com.

Click on the above link for the technical guidance.