ESMA_QA_1181
01/07/2012
Subject Matter
Notification of UCITS and UCITS management companies; exchange of information between competent authorities
Original question
If the UCITS attestation transmitted to the competent authority of the home Member State lists all the existing investment compartments of a UCITS, should the UCITS undertake a notification procedure for all the investment compartments it intends to market in a Member State?
ESMA Answer
01-07-2012
Original language
[ESMA 34-43-392 UCITS Q&A, section 4, Q&A 1c]
Yes. Even if the UCITS attestation lists all the existing investment compartments of a UCITS, the marketing of these investment compartments in a Member State is possible only if the competent authority of the host Member State has been duly notified by the competent authority of the home Member State.
Status: Answer Published
Additional Information
Level 1 Regulation
Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
Topic
Disclosures