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The Commission launched on 26 July 2012 an in-depth consultation on issues arising in the area of investment funds.
The consultation focuses on:
- the issue of money market funds and how such funds should be regulated in future;
- the fund industry's involvement in securities lending and repurchase (repo) arrangements; and
- the fund industry's exposure to certain OTC derivatives that, in future, will be subject to central clearing and the fund industry's approach to investors' redemptions.
The consultation builds on and is complementary to the European Securities and Markets Authority's (ESMA) guidelines on ETF (exchange-traded funds) and other UCITS issues of 25 July. The consultation raises a series of issues and policy...
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