Brussels, 03/02/2014 (Agence Europe) - Representatives of the European Parliament and the Greek Presidency may reach final agreement in principle on Tuesday evening in the talks revising the rules for UCITS investment funds (see EUROPE 11000).
The issues still under discussion include re-use of assets deposited with a bank. The financial industry is highly critical of the virtual ban that is planned on banks not re-using the deposited assets. The banks say that the option of re-using the...