Companies selling Ucits given more time to apply to provide Kiid post transaction

Check documents illustration
Companies can apply to the FSA to override the Ucits IV directive regarding the Kiid

The UK Financial Services Authority (FSA) has extended the period during which companies can apply to bypass one of the more impractical rules of the European Commission's revised Undertakings for Collective Investment in Transferable Securities Directive (Ucits IV), which came into force in July 2011.

The modification relates to the initial stipulation of the Conduct of Business Sourcebooks (Cobs), which requires sellers of Ucits products to provide a key investor information document (Kiid) to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: