The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on the application of the UCITS) and the AIFMD.
      
    
    
      
	The Q&A documents include new questions and answers on:
	UCITS  investing in other UCITS  with different investment policies;
	Calculation of issuer concentration limits pursuant to Article 52 of the UCITS  Directive;
	Reuse of assets by a UCITS  depositary under Article 22(7) of the UCITS  Directive; and
	The supervision of branches of UCITS  Management Companies or AIFMs providing MiFID  investment services.
	The purpose of these Q&A documents is to promote common supervisory approaches and practices in the application of the UCITS  Directive and AIFMD and their implementing measures.
	Q&A on UCITS
	Q&A on AIFMD
      
      
      
      
        © ESMA
     
      
      
      
      
      
      Key
      
 Hover over the blue highlighted
        text to view the acronym meaning
      

Hover
        over these icons for more information
      
      
     
    
    
      
      Comments:
      
      No Comments for this Article