AIFMD Review - Fine-Tuning Of The AIFMD Framework And Targeted Harmonisation With The UCITS Framework

In light of the growing role of alternative investment funds (AIFs) as financial intermediaries and further developments in the market since the AIFMD came into force in 2011, the EU Commission has published a proposal for targeted amendments to the AIFMD that acknowledges the directive's role as a significant pillar of the capital markets union (CMU). while fine-tuning the AIFMD framework, the EU Commission is simultaneously proposing a degree of harmonisation with the UCITs framework.

Earlier today, the EU Commission published a legislative proposal with targeted amendments to the AIFMD and the UCITS Directive. It forms part of a package of four proposals prepared by the EU Commission under its CMU 2.0 Action Plan.