EU Parliament Approves Final Compromise to Amend AIFMD
Published 23 May 2019
On 16 April 2019 the European Parliament approved the final compromise to amend the Alternative Investment Fund Managers Directive (AIFMD) with regard to cross border distribution of Alternative Investment Funds (AIFs).
Highlights include a definition of pre-marketing, rules on de-notification in countries with no investor interests and rules on facilities made available to retail investors.
Next Steps: The European Council is expected to give their consent to the adopted text shortly.
See the text adopted by Parliament here.
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