Released on 29 April, the European Commission’s draft Alternative Investment Funds Management Directive (AIFM Directive) has caused waves of consternation across the industry in Europe and further afield. However, the key issues are likely to be addressed during the co-decision negotiations between the Council of Ministers and the European Parliament over the coming weeks.
Clearly, this Autumn will determine the shape of the legislation that eventually comes into play. What this will be is, as yet, far from clear. But what is clear is that some form of legislation — impacting the alternative investment industry very broadly — will be introduced.
|Oct 2011||Continuing engagement remains crucial|
|Mar 2011||The lull before the storm|
|Jun 2010||Drawing the battle lines|
|Jun 2010||A Directive in flux - Gauzes says a solution and compromise can be achieved|
|Mar 2010||Time for a second reading?|
|Jan 2010||A Directive in flux - the confusion persists|
|Sep 2009||The draft AIFM Directive|