Brussels, 14/01/2009 (Agence Europe) - With recasting of the directive governing harmonised investment funds only just endorsed (see EUROPE 9817), further work could concern UCITS funds and be discussed at the Ecofin Council on 20 January. In a letter addressed to the European Commission and member states, French Finance Minister Christine Lagarde speaks of the “different transpositions and interpretations of the role and liability of fund depositaries” between member states. Such a...