AIFMD / MIFID come to mine although the regulatory burden seems quite low with those two (comparing to insurance Solvency II). I would venture that the willing

AIFMD / MIFID come to mine although the regulatory burden seems quite low with those two (comparing to insurance Solvency II). I would venture that the willingness for 2 and 20 has dropped to more like 1 and 10 or less. That would explain the double minimum size as well.