AIMA keeps up pressure on AIFMD as Level 2 work begins
Wed Jan 26, 2011
There is still plenty of hard graft ahead over the next couple of years to mitigate the effect of the EU's Alternative Investment Fund Managers Directive
In its original draft form, the European Union’s
Alternative Investment Fund Managers Directive (AIFMD) could
have dealt a fatal blow to the hedge fund industry in Europe.
Thanks to an intensive and intelligent lobbying/PR campaign
spearheaded by AIMA, the outcome was very much better than it
might have been. But the job is not done yet: with work now
starting on the more detailed Level 2 stage of the
implementation process, there is still plenty of hard graft
ahead over the next couple of years and there are still plenty
of areas for potential concern about the impact on the
industry. EuroHedge spoke with AIMA’s chief
executive Andrew Baker about the process so far and what needs
to happen next
Are you broadly satisfied with the end result of the AIFMD
Andrew Baker We have concluded the initial drafting of the
legislation (Level 1...
ISSN: 2151-1845 / CDC10004H
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