GUERNSEY: Financial Services Commission publish a new FAQ regarding the AIFMD Rules, 2013

Tuesday August 12 2014

The Guernsey Financial Services Commission has published a new FAQ regarding the Alternative Investment Fund Managers Directive (AIFMD) Rules, 2013. The new FAQ is set out below.

What are the reporting requirements under The AIFMD Rules, 2013?

Guernsey Depositaries, Non-Financial Asset AIF Depositaries and Guernsey AIFMs which have opted in to comply with The AIFMD Rules, 2013 are required to submit reports to the Commission. The various reporting requirements are set out in The AIFMD Rules, 2013 in Section 17 – Depositary and Section 19 – Reporting obligations to the Commission.

Guernsey Alternative Investment Fund Managers (AIFMs) are required to make their reports to the Commission using the ESMA approved templates.

Guernsey Depositaries and Non-Financial Asset AIF Depositaries are required to make their reports using a Commission form called Form DST.

Click on the above link for further details.