22/10/2020 (Agence Europe) – On Thursday, 22 October, the European Commission launched a public consultation in order to obtain stakeholders’ views on how to make the EU’s alternative investment fund (AIF) market more efficient, effective, and competitive. In a report published in June (see EUROPE 12504/19), the European Commission had concluded that the AIFM Directive, implemented in 2013, has generally played its part but that new rules could be needed in future to ensure that the directive remains fit for purpose. This consultation is part of the European Commission’s efforts aiming to further develop the capital markets union. On Monday, the European Commission also launched a consultation on the EU rules for European long-term investment funds (see EUROPE 12584/13). Interested parties have until 29 January 2021 to submit their comments at https://bit.ly/37z8FUu. (MF)