AIFMD passes final vote
The controversial AIFM Directive was adopted in a plenary vote of the European Parliament today.
The European Parliament voted 513 to 92 in favor of the directive. The latest version of the bill, which contained measures to allow non-EU funds to continue marketing to European investors, was approved by finance ministers and negotiators for the European Parliament last month.
Member states will now have until 2013 to introduce the new regulations.
For a closer look at the short but substantial history of the AIFM directive, read John Bakie's report
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