ESMA_QA_1080

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1080

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Regulatory Context

Regulation : UCITS

Level 1 Regulation: Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Disclosures

Subject Matter: Preparation of KIID by UCITS that are no longer marketed to the public or by UCITS in liquidation

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Question

Submission Date: 01 September 2012

For a structured UCITS, as defined in Article 36 of Commission Regulation (EU) No 583/2010 that is no longer marketed to the public, should there be an obligation to update the KIID?

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ESMA Answer

Answer Date: 01-09-2012

[ESMA 34-43-392 UCITS Q&A, section 2, Q&A 1c] Yes. A structured UCITS, as defined in Article 36 of Commission Regulation (EU) No 583/2010, needs to keep its KIID up to date.

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This document was automatically extracted from the ESMA EMIR Q&A database.