EU To Step Up Scrutiny Of Alternative Investment Fund Rules
Law360, London (January 10, 2019, 6:47 PM GMT) -- A review into the European Union's regulatory regime for alternative investment funds managers must address "excessive" disclosure and reporting requirements that could be undermining the aims of the rules, according to a new report published by the European Commission on Thursday.
The European Commission has published a report scrutinizing how the Alternative Investment Fund Managers Directive, or AIFMD, has worked in practice since it was adopted by the EU in 2011.
The AIFMD places hedge funds, private equity and any other alternative investment firms into a regulated framework to allow their activity to be monitored and regulated.
The commission said the...
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