ESMA · ESMA_QA_1093 Answer Published

Clear language - KIID

Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic
Disclosures
Submitted
2012-09-01
Answered
2012-09-01
Browse UCITS Register → More Q&As on this regulation →

Question

Is it possible to signpost to a glossary?

Answer

[ESMA 34-43-392 UCITS Q&A, section 2, Q&A 5a] Yes. However, as provided by the guide to clear language and layout for the Key Investor Information document (ref. CESR/10-1320), the use of a glossary should not result in too numerous cross-references.
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This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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