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Version date: 28 June 2017 - onwards
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ID 1077 (Last update: 28/06/2017)

Q: I am a UCITS with one or more share classes, approved by the Central Bank on or prior to 30 January 2017. Such share class(es) do not comply entirely with the principles set out in paragraph 9, Section 3.1 of ESMA's Opinion 'Share classes of UCITS', dated 30 January 2017 and implemented in full by the Central Bank. Am I required to make any amendments to such share classes?

A: No. You are not required to make any amendments to share classes approved by the Central Bank on or prior to 30 January 2017. However, any such share classes should be closed for investment by new investors on or before 30 July 2017, and for additional investment by existing investors on or before 30 July 2018.

Comparing proposed amendment...