The Brexit transition period came to an end on 1 January 2021. As a result, all UK-domiciled alternative investment funds (“AIFs”) and alternative investment fund managers (“AIFMs”) fall into the “third country” category under the Alternative Investment Fund Managers Directive (“AIFMD”).
Since the end of the transition period, all UK AIFs with investors coming from EU jurisdictions and marketed under the AIFMD must now submit Annex IV reports to each country where they have accepted subscriptions.
There is no harmonised system for completing and filing these reports across the EU. Instead, each regulator operates its own reporting portal, with differences in the reporting format and process. This workload will be required for all AIFs by 31 January 2022, and potentially as often as quarterly thereafter, based on the requirements.
Domos FS has been automating Annex IV reports for AIFMs and non-EU AIFs since 2014. Thanks to our automated solution, your compliance team is able to focus on their core job. Using DOMOS Legal reporting module, you can generate, send and archive all your regulatory reports, including AIFMD Annex IV in a click.
We are able to configure the portal to meet each country specificities, and to complete and file these Annex IV reports in the relevant formats required by each regulator. Digital to the core, these reports are directly sent to the regulator with minimal involvement from the fund manager.