Ireland:
PRIIPs - UCITS KID Exemption Extended To 2021
20 February 2019
Arthur Cox
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UCITS are currently exempted from having to produce a PRIIPs KID
until 31 December 2019. However, agreement has been reached on a
proposal to extend this exemption for UCITS by a further two years
to 31 December 2021. The amendment was included in the proposed
regulation on facilitating the cross-border distribution of
collective investment funds, which received political agreement on
5 February 2019. It is expected that these legislative proposals on
cross border distribution will be agreed by Q2 2019.
This article contains a general summary of developments and
is not a complete or definitive statement of the law. Specific
legal advice should be obtained where appropriate.
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