ESMA issued consolidated Q&A on the application of the UCITS Directive on 1 February 2016. 

The consolidated Q&A include new questions on additional documents funds need to provide for UCITS V. This new Q&A also brings together the following four existing ESMA Q&As on UCITS:

  • The Key Investor Information Document (KIID) for UCITS;
  • Q&A on ESMA’s guidelines on ETFs and other UCITS issues;
  • Notification of UCITS and exchange of information between competent authorities; and
  • Risk Measurement and Calculation of Global Exposure and Counterparty Risk for UCITS.

Read the press release 'ESMA Publishes Consolidated UCITS Q&A'