KNEIP has completed the production and dissemination of the Key Investor Information Documents (KIIDs) as well as the regulatory filing for SEB.
The service covers all SEB UCITS funds for the Swedish market and the Luxembourg based international product hub. SEBs KIIDs were translated and produced by KNEIP in 12 languages and then disseminated to SEBs distribution network present in 19 countries across SEBs target markets.
With KNEIP and CETRELSecurities regulatory filing solution, SEB has now issued the first round of written notices to regulators in these countries, earning them full UCITS IV compliance, early in the game.
Bob Kneip, CEO of KNEIP said: SEB are pioneers in the early adoption of the KIID and we hope to build on the positive momentum generated by this deal in the run up to KIID implementation on the 1st of July 2012.
Rudolf Kmen, head of SEB Asset Management, Luxembourg, said: Given the number and nature of our funds, we estimate the need for over 900 unique KIIDs. KNEIPs experience and innovative technology lends itself to the task of producing and distributing these documents, as well as handling the written notices for our complete fund range.
(JDC)