New Directive to Amend AIFMD has been Adopted
Published 21 June 2019
On 14 June 2019 the Council adopted the new directive amending i.a. the Alternative Investment Fund Managers Directive (AIFMD) with regard to cross border distribution of Alternative Investment Funds (AIFs).
For more details please see Cross-Border Distribution of Collective Investments Undertakings.
Next Steps: The directive will enter into force 20 days after the directive is published in the Official Journey of the European Union (expected during June 2019) and shall then be transposed into national law within 2 years.
See the adopted text here.
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