Fund regulation, tracked live — not alerted and forgotten
Law-firm alerts describe the day a rule changed, then rot. Regulators publish the primary texts, scattered across circulars and PDFs. FundRegTracker maintains the page in between: consolidated, cross-domicile reference pages that state the current position, link every claim to its primary source, and show you exactly what changed since you last looked.
What changed
- 2026-07-06 AIFMD II — the living implementation tracker (what applies when, per member state + UK divergence) — verification pass: confirmed the two LMT delegated regulations in the OJ as (EU) 2026/465 + 2026/466 (published 27 Feb 2026, in force 19 Mar
- 2026-07-06 AIFMD Annex IV reporting — the practical guide (who, what, when, where per NCA) — page created.
- 2026-07-06 CSSF Circular 24/856, annotated — thresholds, procedures and the FAQ, in one place — page created. Built from CSSF Circular 24/856 (English PDF) and the CSSF FAQ on Circular 24/856, Version 1 (24 December 2024), read in full;
- 2026-07-06 ELTIF 2.0 vs Luxembourg Part II UCI (and vs ELTIF 1.0) — the retail private-assets comparison — page created. Baseline: Regulation (EU) 2023/606 (ELTIF 2.0) and consolidated Regulation (EU) 2015/760 (ELTIF 1.0) primary texts; Commission
- 2026-07-06 The Industry Desk — week of 6 July 2026 — first edition.
Next deadlines
- 31 Jul Annex IV Q2 / H1 · Lux IFM Separate Report + Management Letter (Dec YE) LU · IE · UK
- 1 Aug FCA annual fee payment deadline (< £50k firms, unless invoiced later) UK
- 31 Aug JPF annual compliance return (per recent cycles — 2026 window to verify) · Irish UCITS ManCo half-yearly accounts (Jun half-year) JE · IE
- 20 Oct CSSF commercial-real-estate exposure data, second collection LU
New fund registrations
- 2026-07-06 Drive Capital Ignition Fund V, L.P. DE · D/A
- 2026-07-06 PMTS-1, a series of ALEXTAR VC, LLC DE · D
- 2026-07-06 ANTR-5, a series of ALEXTAR VC, LLC DE · D
- 2026-07-06 Inner Domain LLC CA · D/A
- 2026-07-06 Auvi Labs Heinz Ventures SPV I a Series of CGF2021 LLC DE · D
The Industry Desk
- Starwood closes its thirteenth opportunistic real estate fund above $10.2bn PR Newswire · 2026-07-01
- Hamilton Lane's sixth direct equity fund closes at $3.8bn — nearly double its predecessor PR Newswire · 2026-07-01
- Abu Dhabi's MGX closes a $49bn AI-focused fund — one of the largest sector vehicles ever raised CNBC · 2026-07-01
- Amova completes its takeover of Malaysia's AHAM Capital, going from 20% to 97.7% The TRADE · 2026-07-06
Living pages
- AIFMD II — the living implementation tracker (what applies when, per member state + UK divergence)
Directive (EU) 2024/927 phase-in dates, Luxembourg and Ireland transposition status, UK divergence and the Channel Islands third-country angle — maintained as rules land, with a changelog.
Last verified: 2026-07-06 - AIFMD Annex IV reporting — the practical guide (who, what, when, where per NCA)
How Annex IV transparency reporting actually works — the frequency decision tree, what's in the report, per-NCA filing mechanics (CSSF eDesk · CBI Portal · FCA RegData), first-filer gotchas, and the 2027 AIFMD II change. Every claim sourced.
Last verified: 2026-07-06 - CSSF Circular 24/856, annotated — thresholds, procedures and the FAQ, in one place
An operator's annotation of CSSF Circular 24/856 on NAV errors and investment-rule breaches: scope, the tiered tolerance thresholds, the notification form and 4–8 week window, investor compensation and de minimis rules, who bears correction costs, and the FAQ point-by-point — every claim linked to the CSSF primary source.
Last verified: 2026-07-06 - CSSF Circular 25/901, consolidated — the new single framework for SIFs, SICARs and Part II UCIs
What Circular 25/901 replaces, who is in scope, the new investment and borrowing limits by investor type, and what a fund-ops team actually changes — every claim linked to the primary source.
Last verified: 2026-07-05 - ELTIF 2.0 vs Luxembourg Part II UCI (and vs ELTIF 1.0) — the retail private-assets comparison
The two routes to selling private assets to European retail: the ELTIF's EU-wide passport vs the Part II UCI's country-by-country registration. Access mechanics, eligible assets, redemption rules, leverage, minimums and who's actually using which — every claim linked to primary sources.
Last verified: 2026-07-06 - The Industry Desk — week of 6 July 2026
The week in the fund industry, curated: launches and closes, manager moves, and AI adoption — each with why it matters.
Last verified: 2026-07-06 - Loan-originating funds under AIFMD II — Ireland vs Luxembourg, the practical comparison
Vehicle options, the 175%/300% leverage caps, 5% risk retention, diversification, grandfathering and the loan-origination passport for private credit funds in Ireland and Luxembourg after AIFMD II — every cell sourced, dead-regime pages flagged.
Last verified: 2026-07-06 - NAV error correction across domiciles — materiality thresholds and remediation, compared
Materiality thresholds, regulator notification and investor compensation rules for NAV errors in Luxembourg, Ireland, the UK, Jersey and Guernsey — one matrix, every cell sourced.
Last verified: 2026-07-06 - Where to domicile a private fund — JPF vs Guernsey PIF vs Luxembourg SCSp-RAIF vs Irish ILP, compared
A structurer's side-by-side of the Jersey Private Fund, Guernsey Qualifying PIF, Luxembourg RAIF-SCSp and Irish ILP — investor eligibility, authorisation speed, service-provider load, AIFMD route and fees, on the current (post-August 2025) rules. Every cell sourced.
Last verified: 2026-07-06 - Cross-Border Fund Regulatory Calendar — Luxembourg · Ireland · UK · Jersey · Guernsey (2026)
The recurring regulatory filing deadlines a fund operator faces in 2026, per domicile — every row linked to its primary source, unverified items flagged.
Last verified: 2026-07-05 - Sub-threshold AIFM registration, jurisdiction by jurisdiction — Luxembourg · Ireland · UK · Jersey · Guernsey
What "sub-threshold" means in each domicile, registration vs authorisation, the ongoing obligations that survive being small, and the threshold-calculation traps — every cell sourced to the regulator.
Last verified: 2026-07-05 - New US fund registrations — SEC Form D and the registered-fund universe
Newly filed US private funds (SEC Form D, pooled investment vehicles), the registered investment-company universe, and where the funds are formed — from SEC structured data, updated on every run.
Last verified: 2026-07-06
How these pages stay honest
Every page carries a last-verified date and a changelog. Superseded guidance is struck through, not silently deleted. Anything we haven't confirmed against a primary source sits in a visible "to verify" block — never stated as fact. The combined ledger lives at What changed (also as RSS), and the jargon is decoded in the glossary.