AIMA welcomes positive progress on AIFMD reforms

Published: 24 January 2023


Today the European Parliament's Committee on Economic and Monetary Affairs voted on the review of the Alternative Investment Fund Managers Directive (AIFMD). With this vote, policymakers have acknowledged the significant role that alternative investments play in the investment environment.
AIMA has been and continues to be an important stakeholder in the debate on the AIFMD review, having provided industry feedback at all stages of the legislative process thus far.

We are in the process of finalising a position paper that addresses the result of today's vote which will be shared with members over the coming weeks.

Commenting on today's vote, AIMA CEO Jack Inglis said:

"AIMA welcomes the vote by the European Parliament’s Committee on Economic and Monetary Affairs on the review of AIFMD today. We are pleased to see that the European Parliament has taken a pragmatic approach that promotes cross-border investment.

"AIMA particularly appreciates the maintenance of the delegation model which will allow fund managers to delegate portfolio or risk management to external specialists, thereby giving fund managers access to the best investment decision-making and also the proportionate treatment of loan funds which recognises the role played by private credit in delivering finance to the real economy. We look forward to the final stage of negotiations as the European institutions begin trialogue discussions".