Draft UCITS V directive delayed

Mon Jul 18, 2011

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The European Commission has pushed back publication of the draft UCITS V directive to the latter part of 2011.

The decision to delay publication of the UCITS V Directive, which had been scheduled for July 2011, was taken because the European Commission wants to include a new section on sanctions, according to Regulatory Times, a 12-page report published by PwC Ireland. 

The PwC report states: “Brussels will...

ISSN: 2151-1845 / CDC10004H

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