A collection of links relating
to the AIFM Directive

Level 1: AIFM Directive

Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010

Please note that the documents linked below are not the AIFM Directive as published in the Official Journal of the European Union (L 174, page 1) on 1 July 2011, but a consolidated version of the AIFM Directive (amendments of the Directive are integrated into a consolidated text) which is provided by the Publications Office of the European Union. These documents are meant purely as a documentation tool and the institutions do not assume any liability for its contents.

Official Journal of the European Union No L 174 of 1 July 2011, p. 1

Level 2 Measures

Commission Implementing Regulation (EU) No 447/2013 of 15 May 2013 establishing the procedure for AIFMs which choose to opt in under Directive 2011/61/EU of the European Parliament and of the Council, Official Journal L 132 dated May 16, 2013, p. 1-2
Commission Implementing Regulation (EU) No 448/2013 of 15 May 2013 establishing a procedure for determining the Member State of reference of a non-EU AIFM pursuant to Directive 2011/61/EU of the European Parliament and of the Council, Official Journal L 132 dated May 16, 2013, p. 3-5
Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision Text with EEA relevance, Official Journal L 083 dated March 22, 2013, p. 1-95
Commission Delegated Regulation (EU) No 694/2014 of 17.12.2013 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to regulatory technical standards determining types of alternative investment fund managers, Official Journal L 183 dated June 24, 2014, p. 18-20

Level 3 Measures

Guidelines on sound remuneration policies under the AIFMD of 3 July 2013, ESMA/2013/232
Guidelines on sound remuneration policies under the AIFMD of 14 October 2016, ESMA/2016/579 (amend from 1 January 2017 paragraph 33 of the Guidelines on sound remuneration policies of 3 July 2013)
Guidelines on key concepts of the AIFMD of 13 August 2013, ESMA/2013/611
Guidelines on reporting obligations under Articles 3(3)(d) and 24(1), (2) and (4) of the AIFMD of 8 August 2014, ESMA/2014/869EN

Additional Documents

ESMA - ESMA - Questions and Answers on application of the AIFMD, 4 October 2018, ESMA34‑32‑352
ESMA - Questions and Answers on application of the EuSEF and EuVECA Regulations, 31 May 2016, ESMA/2016/774