ESMA publishes updated UCITS Q&A

21 July 2016

ESMA published an updated questions and answers document on the application of the Undertakings for the Collective Investment in Transferable Securities Directive.

The purpose of the Q&A document is to promote common supervisory approaches and practices in the application of the UCITS and its implementing measures.

The Q&A includes one new question and answer on the impact of the European Market Infrastructure Regulation on the UCITS framework, regarding the valuation of centrally cleared OTC derivatives by UCITS management companies.

Full Q&A

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