The Programme of Activities

An AIFM must adopt a programme of activities setting out details of its organisational and operational structure.

The programme of activities includes information on how the AIFM intends to comply with its obligations under AIFMD.

The programme of activities sets out the role of the designated person in relation to each of the managerial functions mentioned previously. This includes details of the reporting lines and escalation points between the various business functions and service providers of the AIFM, including details of the periodic and ad hoc reporting received by each designated person from such business functions and service providers and the reporting provided by each designated person to the board of directors of the AIFM. It also sets out trigger events and escalation procedures in the event of an issue arising in relation to the AIFM or the AIFs it manages.