ESMA_QA_1079
01/09/2012
Subject Matter
Preparation of KIID by UCITS that are no longer marketed to the public or by UCITS in liquidation
Original question
Should there be an obligation to prepare a KIID for a UCITS that is in liquidation?
ESMA Answer
01-09-2012
Original language
[ESMA 34-43-392 UCITS Q&A, section 2, Q&A 1b]
When a UCITS is in liquidation there can be no obligation to prepare a KIID as the liquidator may have assumed many of the powers of the UCITS management company.
Status: Answer Published
Additional Information
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic
Disclosures