The UCITS regulations have been integral to introducing a common format for:

The UCITS regulations have been integral to introducing a common format for:
A . Company accounts
B . Corporate actions
C . Key investor information documents
D . Trade settlement

View Answer

Answer: C

Explanation:

The UCITS (Undertakings for the Collective Investment in Transferable Securities) regulations mandate that fund managers provide a standardized Key Investor Information Document (KIID)to investors. This document ensures that all retail investors receive clear and concise information about the fund’s objectives, risks, charges, and past performance.

Company accounts (A): UCITS does not govern corporate accounting.

Corporate actions (B): Corporate actions such as dividends or mergers are unrelated to UCITS.

Trade settlement (D): UCITS does not standardize trade settlement processes.

Reference: International Certificate in Wealth & Investment Management: Regulations surrounding UCITS and KIIDs.

UCITS directives and their implementation across the European Union.