ALFI responds to ESMA consultation Guidelines on art. 25 AIFMD

On 27 March, ESMA launched a consultation on Guidelines on Article 25 of Directive 2011/61/EU (“AIFMD”). The consultation aimed to promote supervisory convergence in the way National Competent Authorities assess how the use of leverage within the AIF sector contributes to the build-up of systemic risk in the financial system, as well as how they design, calibrate and implement leverage limits.

ALFI responded to this consultation on 31 July