AIFM Fund Management Regulation Risk Management
New ESMA Guidelines & RTS on Liquidity Management Tools (LMTs) for UCITS and Open-Ended AIFs
On 15 April 2025, the European Securities and Markets Authority (ESMA) published its final report on the Guidelines for Liquidity Management Tools (LMTs) of UCITS and open-ended Alternative Investment Funds (AIFs), along with draft Regulatory Technical Standards (RTS). These updates are part of the broader AIFMD II and UCITS Directive amendments Read more…