Article
Investment Managers Warn European Commission On Outsourcing Implications From The UCITS Directive III Proposal
The Investment Management Association (IMA) has warned the European Commission (EC) that its otherwise excellent proposals to amend the Undertakings for Collective Investments in Transferable Securities Directive III (comprising Council Directive 85/611/EEC, Directive 2001/107/EC (the Management Directive) and Directive 2001/108/EC (the Product Directive)) (UCITS) may nevertheless cause serious losses to those of its members who currently offshore the following back-office functions: the Valuati
Pillsbury Winthrop Shaw Pittman





