Share on LinkedInShare on LinkedIn

ARTICLE · 04 AUGUST 2015

Cayman Finance Welcomes ESMA Statement

Following a Cayman Finance statement issued on 10 July 2015, Cayman Finance is pleased to see yesterday's release from the European Securities and Markets Authority (ESMA) ..

Cayman IslandsFinance and Banking

July 31, 2015 - Following a Cayman Finance statement issued on 10 July 2015, Cayman Finance is pleased to see yesterday's release from the European Securities and Markets Authority (ESMA) announcing that they are moving forward with assessments and recommendations in regards to the extension of the AIFMD Passport to non-EU AIFMs and AIFs.

"We are happy to see this formal recommendation process started, where ESMA is committed to taking an objective and transparent approach to reviewing and recognising jurisdictions around the world who play such an important role in the global investment funds market and we look forward to ESMA reviewing and assessing Cayman's carefully developed AIFMD regimes" said Cayman Finance CEO Jude Scott.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from