Harneys is a full-service offshore law firm offering expert legal advice on the laws of jurisdictions including the British Virgin Islands, Cayman Islands, Luxembourg, and more. Established in 1960, the firm has grown to 11 global locations with over 180 lawyers, serving top law firms, financial institutions, investment funds, and high-net-worth individuals. Harneys provides comprehensive legal support across transactional, contentious, and private client matters, often in collaboration with Harneys Fiduciary, which delivers corporate and wealth management services. Known for its role in shaping offshore jurisprudence, the firm also advises on legislative developments and excels in handling complex cross-border transactions and disputes.
On 26 March 2024, Directive (EU) 2024/927 (AIFMD II) amending the Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) and the Undertaking for Collective Investment...
On 26 March 2024, Directive (EU) 2024/927 (AIFMD
II) amending the Alternative Investment Fund Managers
Directive 2011/61/EU (AIFMD) and the Undertaking for
Collective Investment in Transferable Securities Directive
2009/65/EC (UCITS Directive) was published in the Official
Journal of the European Union.
EU Member States are required to transpose AIFMD II into
national law by 16 April 2026. However, certain amendments relating
to reporting obligations to competent authorities under Article 24
of AIFMD and Article 20a of the UCITS Directive will be subject to
a transposition deadline of 16 April 2027 instead.
For a brief outline of the key features of AIFMD II, our recent
blog post can be found here.
The final text of AIFMD II which was published in the Official
Journal can be found here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
