New BaFin Guidance Notice Related to UCITS Notifications under UCITS IV

July 08, 2011
BaFin published an updated guidance notice on 5 July 2011 related to UCITS notifications under UCITS IV. The notice describes the new requirements for any initial notification of UCITS for public distribution in Germany, for notifications of any amendments related to such initial notification and of updating of sales documents and for notifications of the de-registration of UCITS or sub-funds of UCITS in Germany. This update examines the notice, which is of high relevance for any UCITS that is publicly offered in Germany and for any market participant that intends to target the German market with a UCITS.