Next stage in AIFM vote delayed

Voting was delayed so amendments from the European Parliament's legal affairs committee can be taken into account.

MEPs in the EU's ECON Committee were due to vote on the AIFM Directive this afternoon, but the vote has been suspended for a week.

Javier Echarri, secretary general of the European Venture Capital Association (EVCA), welcomed the delay.

"The delay will give MEPs time to consider what they really want to achieve from this Directive. Rather than impede innovation and hamper SMEs, MEPs must vote to protect companies and vote to protect investment in European business," he says.

EU finance ministers will vote on the directive on 18 May, after their vote was delayed back in March.

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• Topics
• Regulation
• EU Commission
• AIFM Directive