Announced on July 20 by the European Commission (EC), the political agreement between the European Parliament and the Council is a significant step further for the EC’s proposed amendments to the EU’s Alternative Investment Fund Managers Directive (AIFMD).

The proposed amendments form part of the Capital Marts Union Package ( which also includes proposed amendments to the Directive on Undertaking for Collective Investment in Transferable Securities (UCITS)), and were first released in November 2021.

For more information on these proposed amendments, read our previous briefing here.