Report concludes that the AIFMD has been helpful in building a market for AIFs, but is not free from issues.
Key Points:
..The report concludes that the AIFMD has played a significant role in helping to create an internal market for AIFs.
..However, the report also finds inconsistencies in how Member States apply the AIFMD.
..The report recommends that a number of areas need further harmonisation to prevent rule arbitrage.
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