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The European Fund and Asset Management Association (EFAMA*) has welcomed the adoption by the European Parliament of two important pieces of legislation which will significantly contribute to further enhancing the protection of retail investors and to rebuilding their trust in financial markets.
UCITS V
The amendments brought to the UCITS directive will raise to an even greater level the already high-standards of protection enjoyed by UCITS investors and reconfirm its status as the ‘state-of-the-art’ regulation for investment funds worldwide. They should also bolster the international recognition of UCITS as the vehicle of choice for the international distribution of investment funds. In particular, the strengthening and harmonisation...
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