ESMA has updated the Economic and Monetary Affairs Committee (ECON) of the European Parliament on ESMA's ongoing work on the extension of the passport under the AIFMD. ESMA previously provided advice to the Parliament in July on its assessment of six jurisdictions, namely Guernsey, Jersey, Switzerland, Hong King, Singapore and the US. As reported in Legal Shorts at that time, ESMA concluded that there were no obstacles to extending the passport to Guernsey and Jersey and that Switzerland would remove any remaining obstacles once certain amendments were made to the Federal Act on Stock Exchanges and Securities Trading (SESTA). ESMA did not reach a definitive view on Hong King, Singapore and the US. ESMA has informed ECON that the next steps for ESMA in the short term are to: (i) continue its assessment of Hong King, Singapore and the US with a view to reaching a definitive conclusion on whether to extend the passport; (ii) assess a second group of non-EU jurisdictions: Australia, Canada, Japan, the Cayman Islands, the Isle of Man and Bermuda; and (iii) put in place the framework necessary if the passport is to extend to one or more non-EU countries.