Amendments to the Alternative Investment Fund Managers Directive (AIFMD) and to the Directive relating to undertakings for collective investment in transferable securities (UCITSD)
TA-9-2024-0064 · P9_TA(2024)0064 · PE732.549
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Parliament's position on a directive amending the Alternative Investment Fund Managers Directive (AIFMD) and the Directive on undertakings for collective investment in transferable securities (UCITSD). It lays down rules on delegation arrangements, liquidity risk management, supervisory reporting, depositary and custody services, and loan origination by alternative investment funds.¶¶ Parliament adopts its first-reading position and calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.¶¶
Key points
- Parliament adopts its position at first reading on the proposed directive amending Directives 2011/61/EU and 2009/65/EC.¶
- The amended rules cover delegation arrangements, liquidity risk management, supervisory reporting, provision of depositary and custody services, and loan origination by alternative investment funds.¶¶
- Parliament calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.¶
Who is affected
Legal basis: Article 294(2) and Article 53(1) of the Treaty on the Functioning of the European Union.¶