ESMA delays opinion on the extension of the AIFMD passport to non-EU entities and publishes update to AIFMD Q&A

23-07-2015

Author: Kevin Murphy, Sarah Cunniff, Dara Harrington, Adrian Mulryan and Sylvie McLaughlin



ESMA delays opinion on the extension of the AIFMD passport to non-EU AIFMs and non-EU AIFs

In accordance with the Alternative Investment Fund Managers Directive (“AIFMD”), the European Securities and Markets Authority (“ESMA”) was due to issue an opinion to the European Commission, Council and Parliament on the extension of the AIFMD passport to non-EU AIFMs and non-EU AIFs by 22 July 2015. ESMA advised today that it is still in the process of finalising its opinion and intends to publish this during the week beginning 28 July 2015.

Read the full briefing here.

 

 

 

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