Regulatory fatigue may result in the next UCITS Directive being
the last, according to Tilman Lueder, the head of asset
management at the European Commission.
UCITS V should tackle all the outstanding issues that have
recently arisen within the directive, Lueder
(pictured) told the Financial Services
Authority’s asset management conference in London
earlier this week.
He said: "There is an element of over regulation. Many
people in the asset management industry are experiencing
regulatory fatigue and we should maybe take a break...