Veneziano & Partners Ltd published the blueprint for the ESMA review back in May.

Veneziano & Partners is an international consulting boutique specialised in the European regulation of cross-border fund distribution. In catering to a selected group of investment managers, hedge fund managers and financial institution worldwide, the firm offers a custom-made service that is unique and allows its clients to gain competitive advantage in an ever increasingly regulated environment for global registration of UCITS and AIFMD funds. The firm was founded in London in 2013 by Attilio Veneziano – a lawyer with consolidated experience in the offshore investment funds industry. Veneziano & Partners excels at interpreting the needs and ambitions of each one of its clients, with the aim of establishing durable business relationships. In order to do so, the services offered are performed by experienced professionals, whose exclusive aim is to deliver a business partnership support rather than an off-the-shelf mainstream solution. Thorough research, international network of service providers and expertise in cross-border matters weave together to bring clients first class assistance in projects of distribution of offshore investment funds under the UCITS and AIFMD passport regime, as well as under AIFMD national private placement regime. The firm, on behalf of its clients, typically also instructs and liaises with external law firms, consultants and other service providers and manages relationships with board of directors of funds and management companies. UCITS and AIFMD passporting procedure, UCITS and AIFMD marketing registration process, UCITS Paying Agent, UCITS and AIFMD fund passporting, UCITS and AIFMD management company, MIFID regulatory umbrella, UCITS marketing UK, AIFMD third country recognition mechanism, AIFMD passport application to non-EU AIFM and non-EU AIF, AIFMD national private placement regime, AIFMD Article 36 and article 42, Gold-plating national private placement regime