Updated 18/09/2024
In force

Initial Legal Act
Amendments
Search within this legal act

Article 4

Article 4

With regard to problems encountered regarding the effective functioning of the notification system provided for in Articles 32 and 33 of Directive 2011/61/EU, competent authorities shall provide the following information:

(a)

the average time between the receipt of the complete notification file from an AIFM and the moment when the recipient competent authority notifies the competent authority of the host Member State;

(b)

the average time for notification to the AIFM that it can undertake cross-border activities by the competent authority of its home Member State, calculated from the date of the transmission of the notification file to the competent authority of the host Member State;

(c)

the number of requests for clarification from the competent authority of the host country in relation to the notification;

(d)

the number of disputes involving the competent authorities of the home and of the host Member State in relation to the notification process.