AIFM directive - the Spanish presidency publishes issues notes.

The last Presidency compromise proposal was sent to COREPER on December 17 together with a progress report in which the incoming Presidency was invited to continue the work on the basis of that compromise proposal, at the same time, pursuing contacts with the European Parliament with a view to approve the text in the first reading.The topics listed below seem to have raised the most controversial viewpoints in relation to the basic structure of the Directive :* Scope* Valuation* Depositaries* Remuneration policies* Leverage* Disclosure requirements for funds controlling listed and non listed companies* Third country regimeRead the issue notes