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ESMA Promotes Supervisory Convergence on the Supervision of Costs

Following the publication of a supervisory briefing by the European Securities and Markets Authority (ā€œESMAā€) on the supervision by national competent authorities of costs applicable to UCITS and AIFs, UCITS and AIFs may need to put in place a detailed, documented pricing process.

Our  briefing note addresses what should be addressed in the pricing process.