... Directive (“AIFMD”), Level 2 Measures - The Wait Is Over With the deadline for implementation only 6 months away, the European Commission has finally adopted the AIFMD Delegated Regulations (the ... and on-shore fund jurisdictions, namely, the Cayman Islands, Jersey, the British Virgin Islands and Ireland. We highlight below the key aspects of the Level 2 Measures and their impact on alternative ... (the Level 2 Measures ). Originally due to be published in July 20 12, the adoption of the Level 2 Measures was delayed due to high level political debate surrounding, in particular, the issues...