European Commission issues letter on timing of ESMA review of extension of AIFMD passport to non-EU countries


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

On 19 January 2016 the European Securities and Markets Authority (“ESMA”) published a letter dated 17 December 2015 which it received from the European Commission. The Commission refers in the letter to ESMA’s advice of 30 July 2015 on the application of the AIFMD passport to non-EU AIFMs and AIFs, and ESMA’s opinion on the functioning of the passport for EU AIFMs and the national private placement regimes (“NPPRs”).

Read the full briefing here.



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