ESMA updates UCITS Q&A

The Q&A document includes one new question and answer on:

• the application of remuneration disclosure requirements to staff of the delegate of an UCITS management company to whom investment management functions have been delegated.

The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the UCITS Directive and its implementing measures.

ESMA will periodically review this Q&A document and update it where required.