The Financial Market Commission shall be responsible for controlling UCITS, management companies, depositories provided for under this law, their managers and persons placed under their authority.
It shall carry out such duties solely in the public interest and the Minister in charge of Finance may, where necessary and after informing the Financial Market Commission, order any documentary or on-the spot inspection of any UCITS it deems necessary.
The Financial Market Commission shall have authority to request from UCITS all documents and information required for the discharge of its duties.
It may also request disclosure of all documents issued by the UCITS and have the presentation and content of such documents modified at any time.
The Financial Market Commission shall be competent to receive complaints from shareholders or unit holders of UCITS and to negotiate with them in view of a settlement.
The Financial Market Commission shall draw up and keep an updated list of approved UCITS, depositories, management companies and the mutual investment funds or SICAVs that they manage.
At its behest, the initial list and the changes to it shall be published in a legal notices newspaper and in the official bulletin of the Financial Market Commission.