ESMA publishes KIID for UCITSs, Oct 2012


On 25 September 2012, the European Securities and Markets Authority published a Questions and Answers document on the Key Investor Information Document for UCITS. The purpose of the Q&A is to promote common supervisory approaches and practices in the application of the UCITS Directive1 and its implementing measures. This briefing provides a summary of ESMA’s responses to the questions posed by the general public and competent authorities under each of the six headings in the Q&A.

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