Alfi welcomes new regs to facilitate cross border funds trade

Alfi, the Association of the Luxembourg Fund Industry, has issued a statement welcoming the decision by the European Parliament at its latest plenary session to adopt the final text of the Directive amending Ucits and AIFM Directives and the EU Regulation amending Regulations affecting European venture capital (Euveca) and European social entrepreneurship (Eusef) funds. As part of the ongoing Capital Markets Union project, the latest adoption of rules will impact the following areas: • The introduction of harmonised pre-marketing for AIFs across the EU Pre-marketing has been introduc...