Requirement (MIFID)
Article 34 Information drawn up in accordance with Directive 85/611/EEC
Requirements MIFID - DIRECTIVE 2006/73/EC
Description
Description
1. Member States shall ensure that in respect of units in a
collective investment undertaking covered by Directive 85/611/
EEC, a simplified prospectus complying with Article 28 of that
Directive is regarded as appropriate information for the purposes
of the second indent of Article 19(3) of Directive 2004/39/EC.
2. Member States shall ensure that in respect of units in a
collective investment undertaking covered by Directive 85/611/
EEC, a simplified prospectus complying with Article 28 of that
Directive is regarded as appropriate information for the purposes
of the fourth indent of Article 19(3) of Directive 2004/39/EC
with respect to the costs and associated charges related to the
UCITS itself, including the exit and entry commissions.
Comment
Applies to second and fourth indent of Article 19(3) of Directive 2004/39/EC