On 7 November, ESMA published a call for evidence (closing 8 January 2015) on the EU passport under the AIFMD and third country AIFMs. This will feed into ESMA to provide the European Commission with:

  • ESMA's opinion to the European Commission on the functioning of the passport for EU AIFMs and on the functioning of the national private placement regimes.
  • ESMA's advice the European Commission on whether the passporting regime should be extended to the management and marketing of AIFs by non-EU AIFMs and to the marketing of non-EU AIFs by EU AIFMs.