The European Securities and Markets Authority (ESMA), the EU's securities markets regulator, has published or updated the following Questions and Answers:
Alternative Investment Fund Managers Directive (AIFMD)
- Crystallisation of performance fees in case of the creation of a new UCITS/compartment/share class in the course of the financial year (966)
- ESMA’s guidelines on performance fees in UCITS and certain types of AIFs (1033)