EU Investment Fund Regulation Update

by name voted on 07.02.2024

Summary

This directive updates EU rules for investment fund managers (AIFMs and UCITS) to improve liquidity management, transparency of costs, and oversight of loan-origination activities.

9 07.02.2024

Report

finance

economy

social policy

administrative law

public administration

business and competition

Key points

The directive aims to harmonize rules for both AIFMs and UCITS across the European Union.
New regulations are introduced for funds that engage in loan origination to support small and medium-sized enterprises.
Managers of open-ended funds must now select and include at least two specific liquidity management tools in their fund rules.
A requirement is set for funds to retain a portion of the value of loans they originate and then sell to others.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Speeches

11 Speeches in total

Pro

Contra

Roberta METSOLA

Roberta METSOLA

PPE

0:28 min

8. Negotiations ahead of Parliament’s first reading (Rule 71)

France JAMET

ID

1:52 min

18. Amendments to the Alternative Investment Fund Managers Directive (AIFMD) and to the Directive relating to undertakings for collective investment in transferable securities (UCITSD) ***I (debate)

Documents (PDFs)

PROVISIONAL AGREEMENT RESULTING FROM INTERINSTITUTIONAL NEGOTIATIONS Proposal for a directive of the European Parliament and of the Council Amending Directives 2011/61/EU and 2009/65/EC as regards delegation arrangements, liquidity risk management, supervisory reporting, provision of depositary and custody services and loan origination by alternative investment funds DRAFT REPORT on the proposal for a directive of the European Parliament and of the Council amending Directives 2011/61/EU and 2009/65/EC as regards delegation arrangements, liquidity risk management, supervisory reporting, provision of depositary and custody services and loan origination by alternative investment funds REPORT on the proposal for a directive of the European Parliament and of the Council amending Directives 2011/61/EU and 2009/65/EC as regards delegation arrangements, liquidity risk management, supervisory reporting, provision of depositary and custody services and loan origination by alternative investment funds Amendments to the Alternative Investment Fund Managers Directive (AIFMD) and to the Directive relating to undertakings for collective investment in transferable securities (UCITSD)

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