(35)As the de Larosière Report indicates, ‘[i]n essence, we have two alternatives: the first “chacun pour soi” beggar-thy-neighbour solutions; or the second – enhanced, pragmatic, sensible European cooperation for the benefit of all to preserve an open world economy. This will bring undoubted economic gains’.
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New version applies from 21/07/2011 — introduced by Alternative Investment Fund Managers Directive (AIFMD).
139 provisions change.
Later versions: 23/05/2014, 01/01/2020, 12/08/2022, 30/12/2024, 01/07/2025, 10/11/2025.
Recital 35 changes in this version: compare with the current text.