Newsletter | Financial Regulation 29/04/2026

AIFMD II has amended AIFMD and UCITS and introduced a harmonised European framework for loan-originated AIFs, with the aim of facilitating lending and broadening access to alternative finance instruments Beyond traditional bank channels. 

Italy has now implemented AIFMD II in domestic law, introducing material amendments to the Italian Consolidated Law on Finance; among other changes, the Decree reduces the regulatory burden for EU AIFs intending to invest in loans vis-à-vis Italian borrowers by replacing the previous prior notification regime with a simple communication, to be submitted upon commencement of the EU AIF's loan originating activities in Italy.

Chiomenti Professionals analysed the key regulatory developments in the latest newsletter.