9 Amendments of Antolín SÁNCHEZ PRESEDO related to 2009/0064(COD)
Amendment 765 #
Proposal for a directive
Article 16 – paragraph 3 a (new)
Article 16 – paragraph 3 a (new)
3a. The valuation of assets may be carried out in other transparent, competent and proportionate way if there is an agreement to that effect between the participants of the AIF and the AIF fulfils all the following criteria: (a) The assets of the fund do not exceed a threshold of EUR 100 million; (b) The portfolio of the AIFM consists of AIF whose assets under management do not exceed in total a threshold of EUR 1 billion; (c) The portfolio of the AIFM consists of AIF that are not leveraged; (d) The portfolio of the AIFM consists of AIF that have no redemption rights exercisable during a period of 5 years following the date of constitution of each AIF; (d) The AIFM makes sustainable investments through venture or growth capital in SMEs or environmental or technological innovation projects.
Amendment 1086 #
Proposal for a directive
Article 20 – paragraph 1 – point h
Article 20 – paragraph 1 – point h
(h) a description of all fees, charges and expenses and of the maximum amounts thereof which are directly or indirectly borne by investors, together with, if applicable, a description of fees, charges and expenses paid in the last twelve months;
Amendment 1101 #
Proposal for a directive
Article 20 – paragraph 1 – point j b (new)
Article 20 – paragraph 1 – point j b (new)
(jb) a description of the past performance of the AIF from its inception to the most recent assessment;
Amendment 1104 #
Proposal for a directive
Article 20 – paragraph 1 – point j e (new)
Article 20 – paragraph 1 – point j e (new)
(je) information on the identities of the AIFM shareholders or members, whether direct or indirect and whether natural or legal persons, that have qualifying holdings and on the amounts of those holdings;
Amendment 1105 #
Proposal for a directive
Article 20 – paragraph 1 – point j f (new)
Article 20 – paragraph 1 – point j f (new)
(jf) information on the track record of AIF managed by the AIFM, including performance data on on-going and wound up AIF, and, where the AIFM is a legal person, on the legal representatives, directors and key employees of the AIFM;
Amendment 1106 #
Proposal for a directive
Article 20 – paragraph 1 – point j g (new)
Article 20 – paragraph 1 – point j g (new)
(jg) a detailed description of the source, maturity and amount of funds raised by the AIF, including the share directly or indirectly contributed by the AIFM managing the AIF and its representatives, directors and employees;
Amendment 1114 #
Proposal for a directive
Article 20 – paragraph 2 – introductory part
Article 20 – paragraph 2 – introductory part
2. For each AIF that an AIFM manages, it shall periodically disclose to investors:
Amendment 1115 #
Proposal for a directive
Article 20 – paragraph 2 – points a and b
Article 20 – paragraph 2 – points a and b
(a) on a periodic basis, the percentage of the AIF's assets which are subject to special arrangements arising from their illiquid nature; (b) on a periodic basis, any new arrangements for managing the liquidity of the AIF;
Amendment 1116 #
Proposal for a directive
Article 20 – paragraph 2 – point c
Article 20 – paragraph 2 – point c
(c) the current risk profile of the AIFon a periodic basis, but not less than every month, unless the information has not changed since the last disclosure, the current risk profile of the AIF, including the level of leverage used, and the risk management systems employed by the AIFM to manage these risks.