login
login

Europe Daily Bulletin No. 9939

10 July 2009
Contents Publication in full By article 15 / 31
GENERAL NEWS / (eu) eu/financial services
Consultation on depositary function of harmonised investment funds

Brussels, 09/07/2009 (Agence Europe) - The European Commission has launched a public consultation that will last until Tuesday 15 September. This will examine the depository function of investments covered by the UCITS directive (85/611/EEC). A UCITS depositary fund is an institution in which investors place their savings in every confidence for its security. Its role is to look after the assets it has been requested to manage, in full compliance with European rules for fund managers. The...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS