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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 May 2019 - onwards
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Regulation 95 Disclosure

The responsible person of that UCITS shall, in a prominent position in its prospectus, disclose the following provisions of the guarantee:

(a) the legal name and any business or trading name of the guarantor;

(b) the obligations of the UCITS under the guarantee, including detail on the cost of the guarantee;

(c) the nature, timing and terms of the guarantee;

(d) a warning to the effect that any performance of the guarantee is dependent on the solvency of the guarantor at the relevant time;

(e) a clear description of the upside limitation as well as the downside protection, sufficient for an investor to make an informed judgement about the practical and economic value of the guarantee;

(f) where relevant, the impact on an investor who sells their units prior to the maturity of the guarantee.

Comparing proposed amendment...