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Image header Agence Europe
Europe Daily Bulletin No. 8695
Contents Publication in full By article 20 / 34
GENERAL NEWS / (eu) eu/financial services

Commission adopts two Recommendations on collective investment funds

Brussels, 28/04/2004 (Agence Europe) - On Tuesday the European Commission adopted two Recommendations to facilitate the common implementation of some crucial EU rules on collective investment funds (UCITS), such as unit trusts, common funds and SICAVs. These Recommendations will help Member States' regulators interpret in the same way the rules on how UCITS or "undertakings for collective investment in transferable securities" may invest in financial derivatives, such as options, futures or...

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