The AIFMD Third Country Passport – An Update

Author:Mr Ropes & Gray LLP's Asset Management Practice
Profession:Ropes & Gray LLP
 
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The European Securities and Markets Authority published on 19 July 2016 its final advice to the European Commission on the extension of the marketing passport under the Alternative Investment Fund Managers Directive to 12 non-EEA countries, including the United States. This Alert considers the opportunities available to managers under the marketing passport, and the implications of obtaining it.

The...

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