Article 51 | AIFMD | Directive 2011/61/EU | judict

Updated 05/02/2025

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AIFMD Tool Alternative Investment Fund Managers Directive (AIFMD)

Article 51

Article 51 - Directive 2011/61/EU (AIFMD)

Article 51

Transfer and retention of personal data

1. With regard to transfer of personal data between competent authorities, competent authorities shall apply Directive 95/46/EC. With regard to transfer of personal data by ESMA to the competent authorities of a Member State or of a third country, ESMA shall comply with Regulation (EC) No 45/2001.

2. Data shall be retained for a maximum period of 5 years.

Table of contents

CHAPTER I - GENERAL PROVISIONS (Article 1-5)

CHAPTER II - AUTHORISATION OF AIFMs (Article 6-11)

CHAPTER III - OPERATING CONDITIONS FOR AIFMs (Article 12-21)

CHAPTER IV - TRANSPARENCY REQUIREMENTS (Article 22-24)

CHAPTER V - AIFMs MANAGING SPECIFIC TYPES OF AIF (Article 25-30)

CHAPTER VI - RIGHTS OF EU AIFMs TO MARKET AND MANAGE EU AIFs IN THE UNION (Article 31-33)

CHAPTER VII - SPECIFIC RULES IN RELATION TO THIRD COUNTRIES (Article 34-42)

CHAPTER VIII - MARKETING TO RETAIL INVESTORS (Article 43)

CHAPTER IX - COMPETENT AUTHORITIES (Article 44-55)

SECTION 1 - Designation, powers and redress procedures (Article 44-49)

SECTION 2 - Cooperation between different competent authorities (Article 50-55)Article 50 - Obligation to cooperate Q&A Article 51 - Transfer and retention of personal data Article 52 - Disclosure of information to third countries Article 53 - Exchange of information relating to the potential systemic consequences of AIFM activity DA Article 54 - Cooperation in supervisory activities Q&A Article 55 - Dispute settlement

CHAPTER X - TRANSITIONAL AND FINAL PROVISIONS (Article 56-71)

ANNEX I DAQ&A ANNEX II Q&AGL ANNEX III Q&A ANNEX IV Q&A