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AIFM Directive - Analysis highlights Commission divergence from ESMA level 2 proposals.

May 2012 - Corporate & Commercial. Legal Developments by Chevalier & Sciales .

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The Alternative Investment Management Association has published an analysis of the divergences it has identified between the European Commission's draft Level 2 regulation implementing the Alternative Investment Fund Managers Directive and the technical advice provided to the Commission last November by the European Securities and Markets Authority.

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