AIMFD II and UCITS VI : Regulatory Highlights and Operational Priorities
AIFMD II and UCITS VI reshape how managers approach governance, liquidity and private credit.
The Luxembourg Law of 3 March 2026 adds clarity and flexibility, making the transition smoother while preserving Luxembourg’s competitive edge.
To help you navigate the essentials, we created six infographics that summarise what matters most for 2026–2027
Timeline of AIFMD II
Two key dates define the transition:
• 16 April 2026: governance, liquidity tools, LOF rules
• 16 April 2027: enhanced reporting and transparency
Liquidity Management Tools (LMTs)
Funds must adopt at least two tools from the EU list. Luxembourg allows additional tools for more flexibility.
Loan‑Originating AIFs (LOFs)
A simple framework for private credit, with leverage limits and basic retention.
Luxembourg prohibits consumer lending locally.
Side Pockets
A last‑resort mechanism to isolate assets with legal or valuation uncertainty while protecting the main fund.
Operational Deliverables
AIFMs must show real oversight, consistent documentation, clear workflows and transparent delegation.
The Luxembourg Touch
Additional liquidity flexibility, consumer‑lending rules, pragmatic supervision and a delegation‑friendly ecosystem make Luxembourg’s implementation unique.
FundSight is ready to Operationalise AIFMD II
AIFMD II represents one of the most significant shifts in European fund governance in over a decade. The new framework demands stronger oversight, clearer governance trails, embedded liquidity tooling and a more operational approach to loan‑fund management. With the Luxembourg law now fully in force, managers must turn regulatory change into concrete, day‑to‑day execution.
As an open‑architecture third‑party SuperManco, we support this transition with a detailed prospectus review package, action plans, and operational checklists tailored to each fund type. Our model combines governance expertise, liquidity management support and IT‑enabled oversight to help managers prepare efficiently and confidently.
Whether you need guidance on LMT activation, delegation transparency, LOF structuring, or prospectus updates, our team is ready to assist.
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AI AIFMDII Finance FundSight Luxembourgfunds Management company ManCos UCITS