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Europe Daily Bulletin No. 9822

21 January 2009
Contents Publication in full By article 11 / 35
GENERAL NEWS / (eu) eu/ecofin council
European Commission to look into matter of harmonised investment fund depositaries' liability

Brussels, 20/01/2009 (Agence Europe) - At the request of France, the Ecofin Council tackled the question of protecting consumers that have invested in investment funds for which marketing is governed by the directive on UCITS (undertaking for collective investment in transferable securities) (EEC/85/611). “It is possible that there is a need for measures to complete provisions in force in order to ensure that the aims of the directive are reached”, said Commissioner Charlie McCreevy...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS