Q&A · ESMA
DLT Collective investment undertakings
Answered
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In a Commission answer under the DLT Pilot Regime, ETFs and other collective investment undertakings represented by shares count as units in collective investment undertakings under Article 3(1)(c) DLTR, by reference to Article 25(4)(a)(iv) MiFID II, not as shares under Article 3(1)(a).
Details
| Reference | ESMA_QA_1242 |
|---|---|
| Issuer | ESMA |
| Published | 2 Jun 2023 |
| Answered | 2 Jun 2023 |
| Submitted | 2 Jun 2023 |
| ESMA topics | DLT financial instruments |
| Earlier Q&A document | ESMA70-460-189 - Heading 7 - Question 5 |
Provisions it relates to
- Article 25 MiFID II · Assessment of suitability and appropriateness and reporting to clientsExplicit reference · 90%