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ARTICLE · 23 NOVEMBER 2023

AIFMD II (Near) Final Text Agreed: What's New?

Goodwin Procter LLP
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In our previous alert AIFMD II Gathers Momentum: The European Parliament Finalises Its Proposed Text and recent update October 2023 Horizon Scan for Private Investment Funds...

European UnionFinance and Banking
Andrew Henderson
Andrew Henderson
Glynn Barwick
Glynn Barwick
Ed Hall
Ed Hall
Sebastian Bruchwitz
Sebastian Bruchwitz
Chris Ormond
Chris Ormond
Brian O’Neill
Brian O’Neill

In our previous alert  AIFMD II Gathers Momentum: The European Parliament Finalises Its Proposed Text and recent update  October 2023 Horizon Scan for Private Investment Funds, we noted the draft text of the Alternative Investment Fund Managers Directive (AIFMD II) published by the European Parliament's Committee on Economic and Monetary Affairs (ECON). The Council of the European Union has now published the  final compromise amending text setting out the amendments to the AIFMD II (together with amendments to the UCITS Directive, which are outside the scope of this alert).

ECON is due to consider the text in early February 2024, after which the AIFMD II (subject to any delays and/or changes) will enter into force 20 days following its publication in the Official Journal of the EU.

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