European Union:
Proposal To Amend The Alternative Investment Fund Managers Directive - A Closer Look
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On 25 November 2021, the European Commission (the
"EC") published
its proposal (the "EC
Proposal") for a directive amending the Alternative
Investment Fund Managers Directive
("AIFMD"). The EC Proposal is a key
element of the EC's Capital Markets Union package with the
other proposals relating to: (i) the establishment of a European
single access point; (ii) amendments to the ELTIF framework; and
(iii) revision of the rules under MiFIR. Notwithstanding the
overarching assessment that AIFMD is "generally meeting
its objectives", the EC have identified a number of areas
under AIFMD that could, in their view, be improved. Read our
advisory, which provides a brief overview of some of the key
proposed amendments to AIFMD described in the EC
Proposal.
Click to view
advisory
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.