AIMA calls for depositary passport in UCITS V proposal

Thu Nov 1, 2012

Read more:

AIMA, the global hedge fund association, has called for the establishment of a UCITS depositary "passport" regime in its position paper on the proposal for a UCITS V Directive in the European Union.

AIMA said that institutions authorised by one European Union country to act as a UCITS depositary should be granted automatic rights to provide the same services throughout the EU. Currently, the Directive limits the...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI