A firm, a payment service provider or an e-money issuer, must keep a record of each complaint received and the measures taken for its resolution, and retain that record for:
- (1)
at least five years where the complaint relates to collective portfolio management services for a UCITS scheme or a scheme which, immediately before IP completion day, or an EEA UCITS scheme; and
- (2)
three years for all other complaints;
from the date the complaint was received.
Note: article 6(2) of the UCITS implementing Directive]
