◷
New version applies from 26/06/2021 — introduced by Directive (EU) 2019/2034.
24 provisions change.
Later versions: 02/08/2021, 09/01/2024, 17/01/2025, 16/04/2026.
Alternative Investment Fund Managers Directive (AIFMD)
02/07/2014 → 13/01/2019: 0 inserted · 1 removed · 114 amended · 0 moved · 1 renamed · 56 unchanged
Position-only shifts inside the same heading are not changes. Amended = the printed text changed.
Preamble
- amended Preamble
Recitals
- amended Recital 1
- amended Recital 2
- amended Recital 3
- amended Recital 4
- amended Recital 5
- amended Recital 6
- amended Recital 7
- amended Recital 8
- amended Recital 9
- amended Recital 10
- amended Recital 11
- amended Recital 12
- amended Recital 13
- amended Recital 14
- amended Recital 15
- amended Recital 16
- amended Recital 17
- amended Recital 18
- amended Recital 19
- amended Recital 20
- amended Recital 21
- amended Recital 22
- amended Recital 23
- amended Recital 24
- amended Recital 25
- amended Recital 26
- amended Recital 27
- amended Recital 28
- amended Recital 29
- amended Recital 30
- amended Recital 31
- amended Recital 32
- amended Recital 33
- amended Recital 34
- amended Recital 35
- amended Recital 36
- amended Recital 37
- amended Recital 38
- amended Recital 39
- amended Recital 40
- amended Recital 41
- amended Recital 42
- amended Recital 43
- amended Recital 44
- amended Recital 45
- amended Recital 46
- amended Recital 47
- amended Recital 48
- amended Recital 49
- amended Recital 50
- amended Recital 51
- amended Recital 52
- amended Recital 53
- amended Recital 54
- amended Recital 55
- amended Recital 56
- amended Recital 57
- amended Recital 58
- amended Recital 59
- amended Recital 60
- amended Recital 61
- amended Recital 62
- amended Recital 63
- amended Recital 64
- amended Recital 65
- amended Recital 66
- amended Recital 67
- amended Recital 68
- amended Recital 69
- amended Recital 70
- amended Recital 71
- amended Recital 72
- amended Recital 73
- amended Recital 74
- amended Recital 75
- amended Recital 76
- amended Recital 77
- amended Recital 78
- amended Recital 79
- amended Recital 80
- amended Recital 81
- amended Recital 82
- amended Recital 83
- amended Recital 84
- amended Recital 85
- amended Recital 86
- amended Recital 87
- amended Recital 88
- amended Recital 89
- amended Recital 90
- amended Recital 91
- amended Recital 92
- amended Recital 93
- amended Recital 94
- amended Recital 95
Chapter I - GENERAL PROVISIONS
- amended Article 4 - Definitions Chapter I
Chapter II - AUTHORISATION OF AIFMs
- amended Article 6 - Conditions for taking up activities as AIFM Chapter II
- amended Article 9 - Initial capital and own funds Chapter II
Chapter II · 4 unchanged
Chapter III - OPERATING CONDITIONS FOR AIFMs
- amended Article 12 - General principles Chapter III › Section 1
- amended Article 15 - Risk management Chapter III › Section 1
- amendedrenamed Article 17 Chapter III › Section 1 was “Article 17 - Investment in securitisation positions”
- amended Article 21 - Depositary Chapter III › Section 4
Chapter III · 6 unchanged
Article 13 · Article 14 · Article 16 · Article 18 · Article 19 · Article 20
Chapter IV - TRANSPARENCY REQUIREMENTS
- amended Article 22 - Annual report Chapter IV
Chapter IV · 2 unchanged
Chapter V - AIFMs MANAGING SPECIFIC TYPES OF AIF
- amended Article 26 - Scope Chapter V › Section 2
- amended Article 29 - Specific provisions regarding the annual report of AIFs exercising control of non-listed companies Chapter V › Section 2
Chapter V · 4 unchanged
Chapter VI - RIGHTS OF EU AIFMs TO MARKET AND MANAGE EU AIFs IN THE UNION
Chapter VI · 3 unchanged
Chapter VII - SPECIFIC RULES IN RELATION TO THIRD COUNTRIES
- amended Article 37 - Authorisation of non-EU AIFMs intending to manage EU AIFs and/or market AIFs managed by them in the Union in accordance with Article 39 or 40 Chapter VII
Chapter VII · 8 unchanged
Article 34 · Article 35 · Article 36 · Article 38 · Article 39 · Article 40 · Article 41 · Article 42
Chapter VIII - MARKETING TO RETAIL INVESTORS
Chapter VIII · 1 unchanged
Chapter IX - COMPETENT AUTHORITIES
- amended Article 47 - Powers and competences of ESMA Chapter IX › Section 1
Chapter IX · 11 unchanged
Article 44 · Article 45 · Article 46 · Article 48 · Article 49 · Article 50 · Article 51 · Article 52 · Article 53 · Article 54 · Article 55
Chapter X - TRANSITIONAL AND FINAL PROVISIONS
- amended Article 59 - Implementing measures Chapter X
- removed Article 62 - Amendments to Directive 2003/41/EC Chapter X
- amended Article 63 - Amendments to Directive 2009/65/EC Chapter X
- amended Article 64 - Amendment to Regulation (EC) No 1060/2009 Chapter X
- amended Article 65 - Amendment to Regulation (EU) No 1095/2010 Chapter X
- amended Article 67 - Delegated act on the application of Article 35 and Articles 37 to 41 Chapter X
- amended Article 68 - Delegated act on the termination of the application of Articles 36 and 42 Chapter X
Chapter X · 9 unchanged
Article 56 · Article 57 · Article 58 · Article 60 · Article 61 · Article 66 · Article 69 · Article 70 · Article 71