ESMA updates AIFMD Q&As

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Date: 08 October 2018

On 4 October 2018, the European Securities and Markets Authority (ESMA) updated its Questions and Answers on the application Alternative Investment Fund Managers Directive (AIFMD).

ESMA added a new Q&A clarifying the application of the AIFMD notification requirements with regard to AIFMs managing umbrella AIFs on a cross-border basis.

The purpose of the Q&A document was to promote common supervisory approaches and practices in the application of the AIFMD and its implementing measures.