Directive on the coordination of laws, regulations and administrative provisions relating to undertakings of collective investment in transferable securities (UCITS) and Directive 2011/61/EU on Alternative Investment Funds Managers in respect of the excessive reliance on credit ratings
This procedure aims to amend existing EU laws for investment funds (UCITS and AIFMs) to reduce their over-dependence on external credit ratings. The goal is to enhance financial stability and investor protection by encouraging more independent risk assessment.
This change will affect investment fund managers, investors, and credit rating agencies. It seeks to ensure that investment decisions are based on a broader range of risk factors, not solely on ratings provided by external agencies.
Documents
[SE] Lag om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder — https://lagen.nu/2013:561
national transposition · SV · 2026-08-06
[PL] ustawa z dnia 31 marca 2016 r. o zmianie ustawy o funduszach inwestycyjnych oraz niektórych innych ustaw — https://isap.sejm.gov.pl/isap.nsf/DocDetails.xsp?id=WDU20160000615
national transposition · PL · 2026-07-30
[DE] Gesetz zur Verringerung der Abhängigkeit von Ratings — https://www.gesetze-im-internet.de/gaststg/BJNR192910019.html
national transposition · DE · 2026-07-29
[FI] Laki Finanssivalvonnasta / Lag om Finansinspektionen (878/2008) 19.12.2008, viimeksi muutettuna / senast ändrad genom (180/2026) 20.3.2026 — https://opendata.finlex.fi/finlex/avoindata/v1/akn/fi/act/statute/2008/878/fin@
national transposition · FI · 2026-07-28
[IT] Norme per l'attuazione della Direttiva 2013/14/UE che modifica le direttive 2003/41/CE, 2009/65/CE e 2011/61/UE e per l'adeguamento alle disposizioni del regolamento (UE) n.462/2013, che modifica il r — https://www.normattiva.it/ricerca/semplice?q=Norme%20per%20lattuazione%20della%20Direttiva%202013%2F14%2FUE%20che%20modifica%20le%20direttive%202003%2F41%2FCE%202009%2F65%2FCE%20e%202011%2F61%2FUE%20e%20per%20ladeguamento%20alle%20disposizioni%20del%20regolamento%20UE%20n.462%2F2013%20che%20modifica%20il%20regolam
national transposition · IT · 2026-07-26
[FI] Finanssivalvonnan määräys- ja ohjekokoelma eläkekassoille (vakuutuskassalain (1164/1992) 7 luvun 83 f § 1 momentti ja tämän nojalla annettu Finanssivalvonnan määräys muuta kuin lakisääteistä toimintaa — https://opendata.finlex.fi/finlex/avoindata/v1/akn/fi/act/statute/2011/101/fin@
national transposition · FI · 2026-07-25
[DE] Gesetz zur Umsetzung der Richtlinie 2011/61/EU über die Verwalter alternativer Investmentfonds (AIFM-Umsetzungsgesetz - AIFM-UmsG) — https://www.gesetze-im-internet.de/gaststg/BJNR192910019.html
national transposition · DE · 2026-05-31
[ES] Real Decreto 83/2015, de 13 de febrero, por el que se modifica el Real Decreto 1082/2012, de 13 de julio, por el que se aprueba el Reglamento de desarrollo de la Ley 35/2003, de 4 de noviembre, de ins — https://www.boe.es/buscar/act.php?q=Real%20Decreto%2083%2F2015%20de%2013%20de%20febrero%20por%20el%20que%20se%20modifica%20el%20Real%20Decreto%201082%2F2012%20de%2013%20de%20julio%20por%20el%20que%20se%20aprueba%20el%20Reglamento%20de%20desarrollo%20de%20la%20Ley%2035%2F2003%20de%204%20de%20noviembre%20de%20instituci
national transposition · ES · 2026-05-31
[SE] Lag (2014:797) om ändring i lagen (2013:561) om förvaltare av alternativa investeringsfonder — https://rkrattsbaser.gov.se/sfst?bet=2014:797
national transposition · SV · 2026-05-31
Directive on the coordination of laws, regulations and administrative provisions relating to undertakings of collective investment in transferable securities (UCITS) and Directive 2011/61/EU on Alternative Investment Funds Managers in respect of the excessive reliance on credit ratings
proposal · EN · 2026-05-08
Directive on the coordination of laws, regulations and administrative provisions relating to undertakings of collective investment in transferable securities (UCITS) and Directive 2011/61/EU on Alternative Investment Funds Managers in respect of the excessive reliance on credit ratings
report · EN · 2026-05-08