ESMA Consults on Standardised Information to Facilitate Cross-border Funds Distribution

Wednesday 01 Apr 2020 @ 16:43
EU News

The European Securities and Markets Regulator (ESMA) the EU’s securities regulator, has today launched a consultation on the standard forms, templates, and procedures that National Competent Authorities (NCAs) should use to publish information on their websites to facilitate cross-border distribution of funds.

In particular, the standard information should cover:

National laws, regulations and administrative provisions governing marketing requirements for AIFs and UCITS and the summaries thereof; and
Regulatory fees and charges they levy for carrying out their duties in relation to the cross-border activities of fund managers.

ESMA will consider the feedback it receives to this consultation by 30 June 2020 with a view to finalising the implementing technical standards for submission to the European Commission by 2 February 2021.

Related Documents

Consultation Paper on Its on Cross-border Distribution of Funds

ESMA34-39-966 – CP on Its on Cross-border Distribution of Funds.PDF (341.49 KB)

Response Form – Consultation on Its on Cross-border Distribution of Funds

ESMA34-45-893 Response Form – CP on Its Cross-border Distribution of Funds.DOCX (748.27 KB)

Original article link: https://www.esma.europa.eu/press-news/esma-news/esma-consults-standardised-information-facilitate-cross-border-funds

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