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Industry applauds EU reversal over AIFMD

26 April 2012


Firms have reacted positively to the European Commission’s promise to address issues in the AIFM directive

Read more: European Commission AIFMD Esma

Service providers of the alternative investment industry have welcomed the European Commission’s decision to take another look at issues raised over its new draft version of the Alternative Investment Fund Managers (AIFM) directive.

At a meeting on Monday evening with members of European Parliament, the Commission explained in detail its reasons for departing from key areas of the...