8 Jan 2021 | Statements and Position Papers
On 10th December 2020, the European Commission published an inception impact assessment (also called roadmap) on the review of the Alternative Investment Fund Managers Directive (AIFMD).
In line with the EU’s Better Regulation agenda, stakeholders were invited to provide feedback limited in size to 4000 characters by 7 January 2021.
ALFI provided feedback in time, putting emphasis on the idea of a targeted review on the application and scope of the directive. Moreover, ALFI agreed with the Commission’s assessment that the impact of the AIFMD on AIFs and AIFMs has been largely positive. In the association’s view, the general concept of a manager directive should not be put into questions, e.g. by introducing product specific rules. There is primarily a need for stability to ensure the development of a brand and the European Union’s competitiveness.
ALFI will respond to almost all questions raised by the European Commission in its broader consultation on the AIFMD review.
Click here to see all contributions submitted to the European Commission’s roadmap on the AIFMD review.