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ARTICLE · 28 AUGUST 2012

UCITS VI Preparations

Wildgen
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Only few weeks upon the issuance of its "UCITS V Proposal Directive", the European Commission has issued on 26 July 2012 its "Consultation Paper" on Undertakings for Collective Investment in Transferable Securities which aims to follow on and deepen the Commission’s understanding of specific notions which are

European UnionFinance and Banking
Wildgen
Wildgen
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Only few weeks upon the issuance of its "UCITS V Proposal Directive", the European Commission has issued on 26 July 2012 its "Consultation Paper" on Undertakings for Collective Investment in Transferable Securities which aims to follow on and deepen the Commission's understanding of specific notions which are:

  • the eligible assets and use of derivatives,
  • the efficient portfolio management techniques,
  • the over the counter derivatives (OTC),
  • the extraordinary liquidity management rules,
  • the depositary passport, the money market funds,
  • the long term investments, and
  • the UCITS IV key points.

This Consultation Paper addresses different issues and invites actors of the fund industry to contribute, by answering the different questions raised in it and which are related to the above mentioned topics, in order to complete and improve the current UCITS framework. Responses to this wide-ranging consultation are invited by 18 October 2012 at the latest.

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