On Wednesday 16 May, the committee on economic and monetary affairs (ECON) of the European Parliament discussed two draft reports by the MEP Markus Ferber (EPP, Germany) comprising the 'investment companies' legislative package.
The package, which was presented in December 2017, is made up of a proposed directive on the prudential supervision of investment companies and a proposed regulation on the prudential requirements applicable to them (see EUROPE 11930).
A key element of the new...