Regulatory Alerts2025-06-30
Sector Brief to AIFM-light Managers
The Dutch Authority for the Financial Markets (AFM) issued this sector brief following an exploratory investigation into AIFM-light managers, highlighting widespread non-compliance with regulatory standards. The document mandates strict adherence to AIFMD reporting obligations, accurate classification of retail versus professional investors, and the timely provision of Key Information Documents (EID) under PRIIPS. It further emphasizes the continuous responsibility for anti-money laundering (Wwft) and sanctions (Sw) compliance, the non-delegable nature of managerial duties, and the requirement to promptly deregister inactive funds and managers.
Share