Brussels rejects risk indicator for Ucits

Article reports that the European Commission is to leave the risk indicator calculation methodology developed by the Committee of European Securities Regulators out of Ucits IV regulation.

The European Commission has ruled against 'hard-wiring' the controversial methodology because it would prove difficult to change or remove at a later stage.

ESO: Background information: Fears for Ucits innovation subside http://www.europeansources.info/record/fears-for-ucits-innovation-subside/

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/

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