ESMA publishes today a consultation paper (ESMA/2012/44) setting out future guidelines
on UCITS Exchange-Traded Funds (UCITS ETFs) and other UCITS-related issues. The
proposals cover both synthetic and physical UCITS ETFs and detail the obligations
to come for UCITS ETFs, index-tracking UCITS, efficient portfolio management techniques,
total return swaps and strategy indices for UCITS
Please see the press release and the consultation paper attached.