ESMA: Guidelines on reporting obligations under Article 3 and Article 24 of the AIFMD

This consultation on AIFM Directive reporting obligations contains draft guidelines intended to provide clarification on the information that AIFMs should report to national competent authorities, the timing of such reporting and the procedures to be followed when AIFMs move from one reporting obligation to another. Annex V provides a diagram which summarises the reporting obligations of AIFMs, as determined by the total value of assets under management and the nature of the AIFs managed or marketed. ESMA has also published the AIFM reporting XSD schema (ESMA/2013/599) that AIFMs will have to use to report the information under Articles 3 and 24 to national competent authorities as part of the consultation. Responses are required by 1 July 2013.