Update on Alternative Investment Fund Managers (AIFM) Directive, February 2011


On 11 November 2010 the European Parliament finally approved the Directive on Alternative Investment Fund Managers. The Directive has changed significantly since the European Commission’s original proposal of April 2009, not least in the “third country” provisions dealing with the application of the Directive to non-EU alternative investment fund managers (AIFM) and alternative investment funds (AIF).

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