ESMA · ESMA_QA_1180 Answer Published

Notification of UCITS and UCITS management companies; exchange of information between competent authorities

Name: Notification of UCITS and UCITS management companies; exchange of information between competent authorities: ESMA Q&A — EU Financial Regulatory Q&A
Creator: European Securities and Markets Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic: Disclosures
Submitted: 2012-07-01
Answered: 2012-07-01

Browse UCITS Register → More Q&As on this regulation →

Question

Should UCITS that wish to market several investment compartments of the same UCITS undertake different notification procedures via their competent authority?

Answer

[ESMA 34-43-392 UCITS Q&A, section 4, Q&A 1b] No. UCITS can undertake a single notification procedure via their competent authority when they wish to market several investment compartments of the same UCITS in a Member State. Indeed, according to the Annex I of the Commission Regulation 584/2010, UCITS may indicate names of different investment compartments in the notification letter they transmit to their competent authority pursuant to Article 93(1) of Directive 2009/65/EC.

View original on European Securities and Markets Authority ↗

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.