Brussels, 15/07/2008 (Agence Europe) - On Wednesday 16 July 2008, the European Commission will suggest strengthening the EU Directive 85/611/EEC governing the work of undertakings for collective investments in transferable securities (UCITS) in order to allow such investment funds to take advantage of opportunities available on the internal market. The review will involve scrapping barriers and the two month timeframe for the cross-border sale of funds by setting up an electronic...