Strasbourg, 31/10/2001 (Agence Europe) - The Parliament approved at second reading the Council common position on Undertakings for Collective Investment in Transferable Securities (UCITS), with the adoption of the report by Olle Schmidt (ELDR, S), during its last plenary session. In order not to endanger the agreement reached with difficulty by Council majority, the EP only adopted one amendment which provides for review of the directive after three years. Commissioner Frits Bolkestein...