With a local transposition deadline of 16 April 2026, fund managers (AIF Managers) must now assess the impact of AIFMD II on AIFs and UCITS that they manage and/or market within the EU, their credit portfolios, their policies and documentation disclosures. provided by the investor and the competent authority. In this update, we summarize the main changes regarding AIFs that offer AIF units or shares in the EU.

We focus on key amendments related to (non-)EU AIF managers, such as basic requirements and governance models including an ESG component, fund lending, delegation arrangements, liquidity management tools, investor disclosure requirements, provision of additional services and adjustments. to NPPR. (Anne Fontaine, Pierre De Pauw, Frans van der Eerden, more at lexology.com)