Regulatory Alerts2026-04-14
Stricter Requirements for Offering Non-EU Funds
Effective April 16, 2026, the Dutch Financial Markets Authority (AFM) requires non-EU fund managers marketing funds in the Netherlands to comply with revised AIFMD II conditions that prohibit operations from jurisdictions classified as high-risk for money laundering or non-cooperative for tax purposes. Affected managers must continuously monitor these dynamic jurisdictional lists, immediately notify the AFM of any compliance breaches, and submit detailed transition plans outlining steps to safeguard investor interests, such as re-domiciliation or market exit. The regulator emphasizes that failure to meet these standards will result in a mandatory cessation of all Dutch marketing activities, underscoring the need for proactive preparation ahead of the enforcement deadline.