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Europe Daily Bulletin No. 9817

14 January 2009
Contents Publication in full By article 10 / 30
GENERAL NEWS / (eu) ep/financial services
New UCITS directive to facilitate implementation of internal market for harmonised investment funds

Brussels, 13/01/2009 (Agence Europe) - On Tuesday 13 January, the European Parliament adopted the report by Wolf Klinz (ALDE, Germany) on revising European rules for Collective Investment in Transferable Securities (UCITS) (EUROPE 9815). Approved in the form of a single amendment, the compromise text reached with the Council introduces a comprehensive passport for management companies. This passport will enable these companies to manage UCITS on a cross-border basis, without being obliged to...

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THE DAY IN POLITICS
GENERAL NEWS