August 7th, 2018
The European Securities and Markets Authority (ESMA) has sent a letter to the European Insurance and Occupational Authority (EIOPA) in response to certain AIFMD-related questions raised by EIOPA relating to the AIF definition and leverage.
ESMA responds to the questions raised by EIOPA under section 11.5.2. of its second set of advice to the European Commission on specific items in the Solvency II Delegated Regulation (EIOPA-BoS-18/075). In this context, EIOPA addressed several questions to ESMA with respect to the AIF definition and leverage calculation pursuant to the Alternative Investment Fund Managers Directive (AIFMD) and its implementing measures.
For further information, please refer to the full news publication, which can be found here.