On August 22, the UK Financial Conduct Authority (FCA) contacted a number of firms that had previously submitted to the FCA an earlier version of the required AIF schedule as part of their FCA application, to request that additional supplementary information required to satisfy the requirements of the current, updated AIF schedule be provided to the FCA by September 5.
On September 9, the FCA used its EU Alternative Investment Fund Managers Directive (AIFMD) news webpage—a resource which the FCA encourages firms to monitor on an on-going basis for the latest information on AIFMD—to report that it had not received responses from all those firms previously contacted and requested that those still to do so should ensure that they respond with the relevant information as soon as possible and in any event by close of business on September 12. In making this additional request, the FCA highlighted that a failure to provide the required information may affect the ability of firms to correctly submit their returns at the end of their reporting period via GABRIEL (GAthering Better Regulatory Information Electronically)—the FCA’s online regulatory reporting system for the collection, validation and storage of regulatory data.
Any AIFMD firm that did not receive such communication is not required to do anything. Those that did receive such a request but have experienced problems in responding within the timeframes set out above are requested to contact the FCA.