Brussels, 31/05/2000 (Agence Europe) - In the context of the action plan for financial services (see above), the European Commission has revised its proposals aimed at modernising Community legislation applicable to undertakings for collective investment in transferable securities (UCITS).
The Community has had legislation in the matter since 1985: in 1998, the Commission had proposed revising it to broaden the scope of allowable investments and update the rules on management techniques, to...