CySEC hosts event on 'Technical and regulatory aspects of AIFMD Reporting'
08:53 - 27 January 2025
The Cyprus Securities and Exchange Commission (CySEC) recently hosted an online event for Alternative Investments Funds Managers (AIFMs) on the technical and regulatory aspects of AIFMD Reporting, also highlighting some key changes that will come into force in 2026 with the introduction of AIFMD II.
According to a CySEC press release, at the meeting, hosted by Panikkos Vakkou, Vice Chair of CySEC, joined by CySEC’s staff of the Supervision and IT Departments, presentations covered both the technical and regulatory aspects of AIFMD Reporting, as well as provided practical insight to its application.
"The monitoring of AIFMD Reporting obligation is among the key supervisory priorities of CySEC and high-quality data is an essential component of effective supervision which creates safe and effective markets," the press release pointed out.
Panikkos Vakkou, Vice Chair of CySEC commented, “The aim of today’s presentations was to provide AIFMs with a clear understanding that the accurate, complete, consistent and timely reporting of data plays an important role in enabling CySEC to effectively monitor financial markets and prevent systemic risk and market disruption.”
AIFMs were reminded that failure to comply with their AIFMD reporting obligations would result in enforcement action.
The online event took place on 24 January.