ESMA updates AIFMD Q&As

29 March 2019

The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the AIFMD and its implementing measures.

ESMA has added two new Q&As on calculation of leverage under AIFMD.

The Q&As provides clarification on:

the treatment of short-term interest rate futures for the purposes of AIFMD leverage exposure calculations according to the gross and commitment methods;

the required frequency of the calculation of leverage by an AIFM managing an EU AIF which employs leverage.

Full Q&As


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