ESMA has sent a letter to EIOPA in response to certain questions related to the Alternative Investment Fund Managers Directive (AIFMD), which EIOPA had raised on the Alternative Investment Fund (AIF) definition and leverage. EIOPA raised these questions under section 11.5.2. of its second set of advice to EC 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.
Keywords: Europe, EU, Securities, Insurance, AIFMD, Alternative Investment Funds, Solvency II, EIOPA, ESMA
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