UCITS V – ESMA Issues Q&As on Updating Fund Documentation

Authors: Mark Caruana Scicluna
Published on February 3, 2016
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Practices: Investment Funds, Investment Services Regulation
On 1 February 2016, the European Securities and Markets Authority (ESMA) released its questions and answers (Q&As) on the new UCITS V Directive. To the delight of stakeholders, ESMA has given UCITS and UCITS Management Companies considerable breathing space to update fund documentation ahead of UCITS V.