Fears for Ucits innovation subside

The Committee of European Securities Regulators has unveiled guidelines that put an end to fears that Ucits innovation could be restricted.

ESO: Background information: Cesr plans to limit leverage for Ucits funds http://www.europeansources.info/record/cesr-plans-to-limit-leverage-for-ucits-funds/

European Commission: DG Internal Market and Services: Single Market for Services: Financial Services: Investment Funds http://ec.europa.eu/finance/investment/index_en.htm

Website: Committee of European Securities Regulators (CESR) http://www.cesr.eu/

CESR: Investment Management: CESR’s draft advice to the Commission on Part III of the UCITS IV mandate – fund mergers, master-feeder structures and the notification procedure, April 2010 http://www.cesr.eu/index.php?page=groups&id=28

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