With now less than six months to go until the deadline for implementation of the UCITS V Directive across EU member states on 18 March 2016, we thought it would be useful to highlight the key dates between now and the implementation deadline.
In addition, given that the deadline for UCITS V is fast approaching, you may find it useful to access the series of briefing notes prepared by Matheson’s Asset Management Group which deal with the key issues arising from UCITS V. These may be downloaded from our dedicated UCITS webpage. The issues we examine include changes in respect of the depositary function, manager remuneration and administrative sanctions. Additional updates in respect of UCITS V publication and implementation timelines, as well as our analysis of recent ESMA consultations in respect of UCITS V, may be viewed and downloaded, together with our archive of materials examining the themes addressed in the preceding UCITS IV Directive.
UCITS V: Key Dates
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More detailed information with regard to these timings and their significance is contained in the materials on our dedicated UCITS webpage. As always, some of the estimated timelines as indicated above may be subject to change, for example, more exact timing of the publication of the Level 2 measures is yet to be confirmed. There is also ongoing dialogue between industry and the Central Bank to clarify the requirements of the fund document filing process, as well as those to which service providers will be subject. It is expected that further detail in relation to timings will issue in due course, and we will keep you updated in this regard.