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Europe Daily Bulletin No. 9619

11 March 2008
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) eu/financial services
Investment fund industry wants UCITS rules to be rewritten

Brussels, 10/03/2008 (Agence Europe) - We hope a practical solution, acceptable to all, can be found when it comes to the re-wiring of the European rules on collective securities investment funds (UCITS), says Peter De Proft, Director General of the European Fund and Asset Management Association (EFAMA). Backed by the Council and the European Parliament (see EUROPE 9564 and 9421), targeted amendment of Directive 85/611/EC will extend the Common Market in investment funds and improve their...

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THE DAY IN POLITICS
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