Overview
Negotiators are (still) frantically working in Brussels to hammer out a deal to finalise the Alternative Investment Fund Managers Directive, ahead of crucial meetings next week. The stakes are very high.
Although some critical issues remain very much unresolved, it is still possible that we are just weeks away from approval of a final, agreed text by the European Parliament, the Council of Ministers and the European Commission, in the tripartite system which governs the European Union's cumbersome legislative process - or perhaps not...
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