Laws, regulations and other texts

Commission Regulation (EU) No 584/2010 of 1 July 2010

implementing Directive 2009/65/EC of the European Parliament and of the Council as regards the form and the content of the standard notification letter and UCITS attestation, the use of electronic communication between competent authorities for the purpose of notification, and procedures for on-the-spot verifications and investigations and the exchange of information between competent authorities

In order to facilitate the notification procedure, the regulation specifies the form and the content of the standard notification letter to be used by UCITS, as well as the form and the content of the attestation to be used by the competent authorities of Member States to confirm that a UCITS fulfils the conditions laid down in the UCITS Directive. The regulation also provides for a detailed procedure for the electronic transmission of a notification file between competent authorities. Finally, this regulation clarifies the organisational measures necessary to facilitate enhanced cooperation between authorities in order to ensure the smooth functioning of the internal market and a high level of investor protection.