Further information in respect of this policy recommendation can be found in our Q1 2020 Market Update, which is available here.
For applicable products, the annexes include specific forms which should be completed in the following instances:
(b) preparation of fund documentation such as KIIDs and Prospectuses; and
(c) periodic reporting for French and foreign UCITS marketed in France.
It is worth noting that the AMF has stated that foreign UCITS using non-financial criteria as a central theme in their marketing documents should complete a form before notifying the fund for marketing in France through the UCITS passport.
It is possible to include non-financial criteria in a KIID without triggering the full application of the policy recommendation.
Marketing materials may include concise details (as defined by the AMF) regarding non-financial criteria without triggering the policy recommendation.
For existing UCITS which were marketed in France prior to 11 March 2020, the deadline for updating their KIIDs and / or marketing materials has now been extended until 10 March 2021.
For the avoidance of doubt, newly passported UCITS are required to comply with these rules immediately.
Maples Group Global Registration Services ("Maples Group GRS") can assist UCITS in the completion and filing of the forms required by the AMF.