Reporting requirements under AIFMD

The last decade has shown a steadily more demanding regulatory environment for the alternative investment funds' sector. This is also evident on the reporting side: as per the ESMA guidelines on reporting obligations under Articles 3(3)(d) and 24(1), (2) and (4) of the AIFMD, AIF managers have to report on their activities to the national competent authority of their domiciled country or distribution country. Additionally, following the Brexit in the United Kingdom, the Financial Conduct Authority (FCA) requires AIFMs to submit a special "AIFMD transparency reporting" in accordance with UK technical requirements and using their own dedicated platform "RegData".

PwC Academy has developed a training providing participants with the right level of knowledge to understand the above regulations and identify their reporting obligations.

By the end of this course, participants will be able to:

• determine the scope of the ESMA guidelines and the frequency of their AIFMD reporting obligations;
• understand the content of the Article 24.

• Pragmatic analysis of the rules and their implications in the reporting practices. Determination of the scoping and frequency of the AIFMD Annex IV reporting
• Specific analysis of all fields included in the templates for reporting to the regulator in order to highlight the key points and the technical and operational challenges.
• Guidance through all requirements set up in Articles 24.1, 24.2, and/or 24.4 of the Directive
• Explanation of how to process "ESMA warnings", new checks implemented by ESMA

An attendance certificate will be send to participants

This training is coordinated by Jonathan Picard, Partner at PwC Luxembourg. It will be presented by our subject matter experts.

Jonathan Picard is a partner at PwC Luxembourg specialising in the Asset and Wealth Management (AWM) tax practice. Since joining PwC in 2006, he has progressed from auditing mutual funds to leading tax reporting and operational tax matters for global asset managers, focusing on investment funds including mutual and alternative funds. In 2012, he gained expertise in UK reporting fund status through a secondment to PwC London. Jonathan has extensive knowledge of accounting and tax issues in the AWM industry, supported by his certification as an expert-comptable in Luxembourg. His expertise includes investor tax reporting, UK fund status, and US tax reporting for funds.