Rules for Alternative Investment Funds

Introduction To The Investment Services Rules For Alternative Investment Funds

  Introduction

  Table of Contents

Part A – The Application Process

  Part A – The Application Process

  Application for a Licence to operate as an Alternative Investment Fund

  Summary of Application

  Offering Documentation Checklist

  Personal Questionnaire

   Notification letter for the marketing of units or shares of EU AIFs in Member States other than the home Member State of the AIFM

  Notification Form for EU AIFMs (above threshold) marketing AIFs under Article 36 of the AIFMD

  Notification Form for Non-EU AIFMs (above and below threshold) marketing AIFs under Article 42 of the AIFMD

Notification Form for EU AIFMs (below threshold) marketing AIFs

Part B – Standard Licence Conditions

  Part B – Standard Licence Conditions applicable to Alternative Investment Funds

  Appendix 1- Supplementary Licence Conditions applicable to Alternative Investment Funds adopting different structures

  Appendix 2- Distributions of Income

  Appendix 3 – Contents of the Constitutional Document

  Appendix 4 – Contents of the Offering Document

Appendix 5 – Results of Stress Tests – Risk Management Function – Deleted

Appendix 6 – Results of Stress Tests – Liquidity Management Function – Deleted (Note: Appendices 5 and 6 are being deleted since the information required is being reported in Sections 279 and 280 of Annex 3 of Appendix 8)

  Appendix 7 – Remuneration Policy

  Appendix 8 – Disclosure and Transparency Requirements

•   Annex 1 – AIFM – Specific Information to be reported (Article 3(3) and Article 24(1) AIFMD)
•   Annex 2 – AIF – Specific Information to be reported (Article 3(3) and Article 24(1) AIFMD)
•   Annex 3 – AIF – Specific Information to be reported (Article 24(2) AIFMD)
•   Annex 4 – AIF – Specific Information to be reported (Article 24(4) AIFMD)

  Appendix 9 – Declaration Forms

  Appendix 10 – Complaints Handling

  Appendix 11 – Annual Fund Return

Click here for AIFMD Circulars/Guidance

Standard Licence Conditions

  Standard Licence Conditions Applicable to Collective Investment Schemes authorised to invest through loans (applicable from 10 November 2020)

  Standard Licence Conditions Applicable to Collective Investment Schemes authorised to invest through loans (applicable up to 9 November 2020)

  Frequently Asked Questions on the Standard Licence Conditions Applicable to Collective Investment Schemes authorised to invest through loans (applicable up to 9 November 2020)

Glossary

  Glossary to the Investment Services Rules for Alternative Investment Funds

Guidance

  Fund Managers, Collective Investment Schemes and Recognised Persons Documentation Timetable

  Guidelines on the compilation of the Annual Fund Return applicable to Collective Investment Schemes

  Frequently Asked Questions – Reporting transparency information to the MFSA in terms of Articles 3 and 24 of the AIFMD