AIFMD 2.0 & UCITS VI: practical implications and the road to 2029

AIFMD 2.0 & UCITS VI: practical implications and the road to 2029

This whitepaper covers what AIFMD 2.0 actually changes, where the EU and UK converge and where they diverge, and what managers and ManCos need in place at each milestone.

It walks through the two-senior-manager substance test, delegation and the "letter-box" question, the EU's first harmonised loan-origination framework, the two-tool LMT baseline and the calibration that goes with it, and the Annex IV overhaul behind ESMA's "define once, report once, use many times" data hub. It's also clear about what isn't settled yet: the Annex IV template, LMT thresholds, the open-ended loan-origination RTS, and private-asset guidance.