Alors que nous sommes en attente des Guidelines de l’ESMA qui auraient dû être présentées fin avril, le législateur Allemand semble déjà réfléchir sur des aménagements de la directive AIFM.
En particulier sur les petites sociétés de gestion.

Voici un article de Patricia Volhard pour Mondaq :


Germany: Recent Developments On The German Law Implementing The AIFMD
After the final consultation of the Financial Committee of the German Federal Parliament, some – partly very welcome – amendments to the governments draft of the AIFM-D implementing law (in future: « KAGB ») (see our client information dated December 13, 2012) have been formally applied for.
We discussed such amendments (amongst others) at the Funds Forum Frankfurt with MR Uwe Wewel, Dr. Stephanie Kremer (BaFin), Dörte Höppner (EVCA), Christoph Stresing (BVK), Gilles Dusemon (Arendt & Medernach) and Patricia Volhard (P+P) under moderation of Prof. Dr. Andreas Cahn (ILF). Wehave summarized hereafter the most important amendment proposals submitted by the Financial Committee of the Parliament…
(http://www.mondaq.com/x/237742/Fund+Management+REITs/Recent+Developments+On+The+German+Law+Implementing+The+AIFMD)

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