AIFMD vote delayed yet again
The vote, initially scheduled for the week of 20 September, is now likely to take place in October, according to a French senior lawmaker.
The delay is once again attributed to disagreements over the third country rule, one of the main points of contention in the proposed European regulation of hedge funds and private equity investments.
Rapporteur Jean-Paul Gauzès said he now hoped to reach agreement on a text before a session of the European Parliament in early October. "It could be in Brussels on October 6 and 7, or in Strasbourg at the end of the month" said Gauzès.
Click here for John Bakie's report on the latest changes to the AIFM Directive
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