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ARTICLE · 13 MAY 2010

Structured Thoughts: News for the Financial Services Community

Morrison Foerster
Morrison Foerster
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Morrison Foerster

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In this issue, we discuss the new disclosure document to be introduced in the EEA, called the Key Information Document, and also CESR’s technical advice to the European Commission in relation to the implementing measures.

United StatesFinance and Banking

In this issue, we discuss the new disclosure document to be introduced in the EEA, called the Key Information Document, and also CESR's technical advice to the European Commission in relation to the implementing measures. Additionally, we briefly summarise the feedback and practical responses from industry associations, such as the Joint Associations Committee on Structured Products.

RETAIL INVESTOR DISCLOSURE UNDER THE NEW UCITS KID

Background to UCITS IV and the New KID

Since 2005, the European Commission (the "Commission") has undertaken an extensive review of the EU framework for retail investment funds, including, in particular, undertakings for collective investment in transferable securities ("UCITS").

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