On 8 August 2014, ESMA published the translation of the Guidelines on reporting obligations under Articles 3(3) d and 24(1), (2) and (4) of the AIFMD into the official EU languages (ESMA/2014/869) (the "Guidelines"). This publication follows the issue in November last year of ESMA's final report on these Guidelines.
The purpose of the Guidelines is to ensure common, uniform and consistent application of the reporting obligations to national competent authorities ("NCAs") stemming from Articles 3(3)(d) and 24(1), (2) and (4) of the AIFMD. They provide clarification on the information that alternative investment fund managers ("AIFMs") must report to NCAs, the timing of the reports and the procedures to be followed when AIFMs move from one reporting obligation to another.
The Guidelines apply from two months after their publication, i.e. from 8 October 2014.