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Image header Agence Europe
Europe Daily Bulletin No. 9619
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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