UCITS Official Texts 

European Council, Parliament and Commission

Regulation 2019/2088 of 27 November 2019 on sustainability-related disclosures in the financial services sector (ESG Disclosures Regulation affecting UCITS and AIFMs)

Directive 2019/1160 of 20 June 2019 amending Directives 2009/65/EC and 2011/61/EU with regard to cross-border distribution of collective investment undertakings (CBDF Directive – amending AIFMD and UCITS Directive)

Regulation 2019/1136 of 20 June 2019 on facilitating cross-border distribution of collective investment undertakings and amending Regulations 345/2013, 346/2013 and 1286/2014 (CBDF Regulation – Amends AIFMD and UCITS Directive)

Delegated Regulation amending Commission Delegated Regulation (EU) No 2016/438 with regard to the safekeeping duties of depositaries (UCITS)

Regulation 201/2402 of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012 (amends UCITS Directive)

Directive 2014/56/EU of 16 April 2014 amending Directive 2006/43/EC on statutory audits of annual accounts and consolidated accounts

Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions

Directive 2013/14/EU of the European Parliament and of the Council of 21 May 2013 amending Directive 2003/41/EC on the activities and supervision of institutions for occupational retirement provision, Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) and Directive 2011/61/EU on Alternative Investment Funds Managers in respect of over-reliance on credit ratings

Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010

Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority)

Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)

European Securities and Markets Authority (ESMA)

Guidelines on sound remuneration policies under the UCITS Directive and AIFMD (31 March 2016) (amending the 2013 guidelines with respect to the provisions regarding groups)

ESMA's guidelines on the UCITS directive

ESMA's Q&As on the UCITS directive

Opinions, Q&As, etc.

ESMA Final Report: Guidelines on marketing communication under the Regulation on cross-border distribution of funds (21 May 2021)

ESMA Guidelines on performance fees in UCITS and certain types of AIFs (3 April 2020)

Notification frameworks and home-host responsibilities under UCITS and AIFMD (7 April 2017)

(Last updated: 29 June 2021)