On 25 July 2012, ESMA published a Report and Consultation Paper (ref. ESMA/2012/474) containing (i) guidelines on ETFs and other UCITS issues as well as (ii) a consultation paper on repo and reverse repo arrangements.
These guidelines will become effective two months after the publication of the final guidelines which comprise (i) guidelines on ETFs and other UCITS issues and (ii) the forthcoming guidelines on repo and reverse repo arrangements. The final guidelines are not yet published.
The Report and Consultation Paper (ref. ESMA/2012/474) is available on the ESMA's website: http://www.esma.europa.eu/content/Report-and-consultation-paper-guidelines-ETFs-and-other-UCITS-issues.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
