AIFMD Marketing Passport

Further delay likely before extension to non-EU jurisdictions

STEVEN WHITTAKER AND ANNA MALEVA-OTTO, SCHULTE ROTH & ZABEL

The European Securities and Markets Authority (‘ESMA’) published1 its first set of advice to the European Parliament, the Council and the Commission in July 2015 on the extension of the AIFMD marketing passport to six non-EU countries (Guernsey, Hong Kong, Jersey, Switzerland, Singapore and the United States.

ESMA has for the past 12 months continued its country-by-country assessment of the potential extension of the AIFMD marketing passport...

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