The Belgian Presidency of the EU has published a new compromise text for the AIFMD. The draft is not complete, omits any recitals which put the proposal in context and does not address some contentious issues such as the marketing of third country funds, and notes that other key articles (such as the definitions) will need updating as negotiations progress. (Source: 12953/10, EF 87, ECOFIN 486, CODEC 748)