Extending the AIFMD Marketing Passport – the Assessment of Non-EU Jurisdictions
The possible extension of the AIFMD marketing passport to fund managers based outside the EU has been monitored with considerable interest by market participants over the last year. Currently, the AIFMD marketing passport— which allows a manager to market funds to professional
investors freely across the EU, without the need for country-by-country registration—is only available to certain EU fund managers. However, AIFMD has always provided for the possibility of the marketing passport being extended to non-EU fund managers, should this be advised by the European securities regulator ESMA.