Updated ESMA Q&A on the application of the UCITS Directive2 February 2016
ESMA have published a consolidated version of its Questions & Answers (Q&A) on the application of the UCITS Directive. The consolidated Q&A document includes new questions on additional documents funds need to provide for the “UCITS V” implementation by the deadline transposition date of 18 March 2016.
This new Q&A also brings together the following four existing ESMA Q&As on UCITS:
- The Key Investor Information Document (KIID) for UCITS (2015/631);
- Q&A on ESMA's guidelines on ETFs and other UCITS issues (2015/12);
- Notification of UCITS and exchange of information between competent authorities (2012/428); and
- Risk Measurement and Calculation of Global Exposure and Counterparty Risk for UCITS (2013/1950).