France: Autorité des Marchés Financiers Comments on Alternative Investment Fund Managers Directive  Crowdfund Insider. : The French Autorité des Marchés Financiers (AMF) has distributed its position on the European Commission’s consultation on Alternative Investment Fund Managers Directive (AIFMD). The AIFMD seeks to create a level playing field across Europe for Alternative Investment Funds (AIF) and is part of the overal goal of a Capital Markets Union (CMU). The AIFMD may also impact crypto-assets or, perhaps, crowdfunded securities. The AMF states that it advocates an improved and harmonized regulatory framework for asset management, through amendments to the AIFMD.