EURONEXT MIV MILAN - REGULATORY PERSPECTIVE
In 2015 the regulatory framework of Euronext MIV Milan has been rationalized as a result of the transposition of the Alternative Investment Fund Managers Directive 2011/61/EU (or "AIFMD" for short) in Italy.
In particular, with an eye to the standardization of the regulatory framework, Euronext MIV Milan has been dedicated to the listing of AIFs introduced by the AIFMD.
For any clarification in relation to the AIFMD:
- AIFM Directive
- ESMA guidelines on AIFMD
- Q&A Banca d’Italia: “How to start a collective investment management business in Italy”
- CONSOB regulation and guidelines
With resolution no. 22008 of the 22 September 2021, Consob approved the amendments to the Rules of the Markets managed and organized by Borsa Italiana and related Instructions, already approved by Borsa Italiana’s Board of Directors on 22 July 2021. The amendments include the review of the rules governing alternative investment funds (AIFs) to be listed on the Euronext MIV Milan market. The amendments enter into force on 25 October 2021.