EU legislation: Financial services: Collective investment undertakings

Publisher
Series Title
Series Details No.5 October
Publication Date October 1998
ISSN 0264-7362
Content Type

EU legislation:
Financial services: Collective investment undertakings. The Commission has adopted proposals to promote investor confidence and ensure a pan-European market for collective investment undertakings (such as unit trusts and SICA Vs). The proposals would amend existing Directive 85/611/EEC on Undertakings for Collective Investment in Transferable Securities (UCITS) and bring it in line with new practices.
Source: Official Journal C280, 9.9.98, p6/ COM(98)449 final (17.7.98);Press Release(European Commission), IP/98/673 (17.7.98)

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