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

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: