The Alternative Investment Management Association has said
that many of the draft proposals by the European Securities and
Markets Authority for the implementation of the Alternative
Investment Fund Managers Directive are "measured" - but that
several major areas of concern remain.
ESMA, which is responsible for advising the European
Commission on the implementing measures for the AIFMD, has been
seeking feedback on a consultation paper it circulated in
AIMA's response to the consultation highlights...