The Alternative Investment Fund Managers Directive (AIFMD) ‘Level 2’ Delegated Regulation, originally published on 19 December 2012, is now official following a three month scrutiny period by the European Parliament and EU Council, and its publication on 22 March 2013 in the Official Journal of the European Union. The AIFMD will now become law across all 27 EU member states on 22 July 2013.