UCITS VI – Have Your Say

Introduction

The European Commission (the "Commission") has recently published a consultation document on UCITS entitled "Product Rules, Liquidity Management, Depositary, Money Market Funds, Long Term Investments" (the "Consultation Paper"). The Consultation Paper can be found here.

The Consultation Paper focuses on eight topics under consideration by the Commission and which may form the basis of a UCITS VI. It does not address, and is separate to the proposals concerning the UCITS depositary (liability, delegation etc.), remuneration and administrative sanctions commonly referred to as UCITS V.

The eight topics covered (as set out in further detail below) are:

• Eligible assets and the use of derivatives