Sumary of EFAMA welcomes AIFMD review:
- EFAMA has welcomed the European Commission’s review of the Alternative Investment Fund Management Directive (AIFMD), setting out targeted improvements to key provisions in the current framework.
- At the same time, they maintain the framework which has underpinned a decade of growth in the European Alternative Investment Fund (AIF) market and proven resilient even throughout recent market stresses.
- ” EFAMA supports the proposal’s intent to harmonise the availability of liquidity management tools across EU jurisdictions.
- “Generally, liquidity management tools should evolve in line with market practices,” says Federico Cupelli, EFAMA’s Deputy Director for Regulatory Policy.