UCITS IV services
The introduction of UCITS IV should simplify operations and clarify competition in the European asset management industry. It will speed up the time it takes to get products to market, reduce cost of distribution, encourage the streamlining of product ranges and help customers compare products across borders.
However, one thing it will not do is to simplify tax treatments within the industry.
Deloitte's Investment Management team provides global resources and global capabilities, yet our presence is local - with a clear understanding of your market and your way of doing business.
As Ireland is also the largest administration centre in the world for hedge funds and alternative investment products institutions, it is in a position to become a European market leader for sophisticated UCITS funds and the premier location of domicile for management companies.
We can assist with:
- Review of Key Investor Information Document (KIID), ensuring all the required information is properly disclosed
- Preparation and review of fund merger terms and the tax implications of the merger on the funds, on investors and on the management company
- Preparation and review of the Master Feeder Fund agreement between the master and feeder UCITS, or the internal conduct rules if both are managed by the same company
- Due diligence when delegating activities or functions to a third party
Through our experienced employees and offices throughout the EU, we can provide:
- Detailed analysis of domestic legislation and regulation requirements specific to the UCITS IV Directive
- Detailed cross-border tax analysis to ensure management companies select their most tax-efficient location
Our approach to problem solving can uncover new opportunities for your company and through UCITS IV we can deliver novel solutions that will give you a competitive advantage in this emerging market.
Please do not hesitate to contact our UCITS IV team with any queries on our UCITS IV services.