ESMA has updated its Q&A paper on the application of the AIFMD, which have been amended to reflect a Q&A relating to the notification to the national competent authority in accordance with Article 31(2). In the new question, ESMA has clarified that there is no need to submit a new notification to the national competent authority under Article 31(2) in the event that an EU AIF decides to offer additional shares to investors and such offer is limited to the investors already invested in the AIF. The Q&As were previously updated in December 2015.