You are here:
21 November 2019 / news

AFM publishes new best practices on AIFMD compliance

On 18 November 2019 the Dutch Financial Markets Authority (Autoriteit Financiële Markten, AFM) has published its improved best practices (the Best Practices) in respect of the compliance with Directive 2011/61/EU (AIFMD) for licensed managers.

De Best Practices are the next step following the research report published in January 2018 on the compliance of the AIFMD by managers of alternative investment funds which obtained their AIFMD license by operation of law with the AIFMD.

The Best Practies set out – on the basis of the “comply or explain-principle” – the guidance of the AFM on among others (i) the application of the proportionality principle, (ii) the composition of the board, (iii) the internal supervision on the board, (iv) the structuring of the co-determination (medezeggenschap) within the manager, and (v) the consent (in advance) in respect of sub-delegation.

The new Best Practices may be accessed via the following link (in Dutch only).



Emergency measures Dutch State COVID-19

The Dutch government published emergency measures to support Dutch businesses dealing with the effects of COVID-19. read more

Private Equity & COVID-19

As COVID-19 has changed the world in just weeks, we would like to discuss the impact on your business both on a fund and portfolio level. read more

AFM and DNB consulted on renewed enforcement policy

The AFM and DNB consulted on a renewed version of their enforcement policy. read more