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Digital Subscriptions > The Hedge Fund Journal > Issue 115 - July | August 2016 > ESMA Guidance On Application Of AIFMD Passport

ESMA Guidance On Application Of AIFMD Passport

Four things managers need to know

Four things you need to know

• ESMA has been undertaking a review of whether or not a number of jurisdictions outside the EU might be eligible to benefit from the various passporting rights, which could be extended to them under the AIFMD regime.

• ESMA has advised the European Commission that there are no significant obstacles that would hinder the extension of the AIFMD passport to Canada, Guernsey, Japan, Jersey, Switzerland, Hong Kong and Singapore.

• Subject to certain conditions being met, ESMA has also advised the European Commission that the AIFMD passport could be extended to Australia.

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