Austria's KID-V fund investor information regulation repealed, effective 30 September 2026
The FMA regulation KID-V (BGBl. II Nr. 265/2011), which governed the Key Investor Information Document (KID) for UCITS funds in Austria, has been repealed by BGBl. II Nr. 265/2026 with effect from 30 September 2026. Fund management companies and investors in Austrian UCITS funds are directly affected.
What changed
The KID-V regulation is formally repealed by BGBl. II Nr. 265/2026. The repeal takes effect on 30 September 2026, after which the regulation ceases to apply. The diff also records editorial additions of the abbreviation marker 'KID-V' throughout the text, but these carry no substantive effect.
Who is affected
Management companies (Verwaltungsgesellschaften) of UCITS funds (Organismus zur gemeinsamen Veranlagung in Wertpapieren – OGAW) authorised in Austria must take note. Investors in such funds may also see changes to the information documents they receive.
What to look out for
After 30 September 2026, the KID-V rules on the Synthetic Risk and Reward Indicator (SRRI), ongoing charges disclosure, and performance scenarios no longer apply. Fund managers should identify which legal framework replaces KID-V.