ESMA publishes an update of its Guidelines on ETFs and other UCITS issues

01 August 2014

The publication of the update to ESMA‘s Guidelines on ETFs and other UCITS issues triggers a period of two months within which competent authorities subject to these guidelines have to notify ESMA of their compliance position.

The published guidelines are an update of those from 2012.  The new version of the guidelines modifies the original provision on diversification of collateral received by UCITS in the context of efficient portfolio management techniques and over-the-counter financial derivative transactions.

 

Full media release

Full updated guidelines

Full original guidelines

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