Regulatory Alerts2026-02-04
AIFMD II Update 2: New Rules for Loan Origination by AIFMs from April 16, 2026
The Dutch Authority for the Financial Markets (AFM) issued this update to detail new AIFMD II regulations requiring Alternative Investment Fund Managers (AIFMs) to implement strict loan origination controls starting April 16, 2026. The rules impose concentration limits, prohibitions on related-party lending, and specific leverage caps, with additional stringent requirements for AIFMs primarily engaged in loan origination. A phased transition period applies to existing funds based on their establishment date and capital-raising activities, while the AFM plans to survey current activities to ensure compliance.
Share