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Esma’s AIFMD advice raises questions

Bernadette Tio
Europe’s securities watchdog has recommended extending certain EU passporting rights to alternative fund managers in four Asian markets. But questions need answering and delays are expected.
Esma’s AIFMD advice raises questions

This week’s recommendations by the European Securities and Market Authority (Esma) on extending passporting rights to alternative investment fund managers (AIFMs) in some non-EU jurisdictions* – including Australia, Hong Kong, Japan and Singapore – are not expected to have much of an impact in the short term. 

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