16 October 2009

ECB's opinion on the European Parliament and the Council proposal for a Directive on Alternative Investment Fund Managers and amending Directives...

On 3 June 2009 the European Central Bank (ECB) received a request from the Council of the European Union for an opinion on a proposal for a Directive of the European Parliament and of the Council on Alternative Investment Fund Managers and amending Directives 2004/39/EC and 2009/…/EC (hereinafter the ‘proposed directive’)

The ECB’s competence to deliver an opinion is based on the first indent of Article 105(4) of the Treaty establishing the European Community. In accordance with the first sentence of Article 17.5 of the Rules of Procedure of the European Central Bank, the Governing Council has adopted this
opinion.

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