AIFMD II Glossary
Clear, practical definitions of the key terms you'll encounter in AIFMD II compliance and reporting.
AIFMD II
The revised Alternative Investment Fund Managers Directive, updating the EU regulatory framework for AIFMs.
Annex IV
The standardized reporting template that AIFMs must file with their NCA under AIFMD.
LEI
Legal Entity Identifier — a 20-character code uniquely identifying legal entities in financial transactions.
ESMA
European Securities and Markets Authority — the EU body that sets AIFMD technical standards.
KVG
Kapitalverwaltungsgesellschaft — the German legal form for investment management companies under KAGB.
UCITS
Undertakings for Collective Investment in Transferable Securities — the EU framework for retail investment funds.
ELTIF
European Long-Term Investment Fund — a fund structure for channeling capital into long-term European investments.
NCA
National Competent Authority — the domestic regulator responsible for AIFMD enforcement in each EU member state.
XSD Validation
XML Schema Definition validation — ensuring Annex IV filings conform to the required technical format.
Sanctions Screening
The process of checking counterparties and investors against sanctions lists before and during fund operations.
Related Resources
Ready to simplify your AIFMD II compliance?
Try our AI-powered Compliance Copilot or book a personal demo with the Caelith team.