A&O Shearman | FinReg | ESMA publishes Q&A under UCITS Directive
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  • ESMA publishes Q&A under UCITS Directive

    18 July 2025
    The European Securities and Markets Authority has published an updated Q&A under the Undertakings for Collective Investment in Transferable Securities Directive. The update considers whether the manager of a feeder fund within the meaning of Article 58 of the UCITS Directive can charge a performance fee.

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