‘Retailisation’ concerns prompt rule change
Tue Nov 29, 2011
New rules that aim to reduce risks and deliver more
transparency for investors exposed to retail complex products
within the UCITS wrapper will be introduced by the European
Securities and Markets Authority.
Steven Maijoor, chairman of ESMA – the new
Europe-wide securities markets regulator that has drafted the
implementation measures for the Alternative Investment Fund
Managers Directive for the EC and reviewed various aspects of
the UCITS Directives – told the European Fund and
Asset Management Association Investment Management Forum in
ISSN: 2151-1845 / CDC10004H
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