Stefaan De Rynck (pictured), spokesman for internal
market and services at the European Commission, answers
questions from Absolute UCITS about the new UCITS
What is the
point of the consultation document? Why did it come out
so soon after UCITS V?
The aim of the consultation is to gather systematic input
from all stakeholders on a range of issues that have been
discussed widely in recent months amongst EU regulators,
industry experts, academics, investor representatives and other
stakeholders. This includes international work on shadow
banking, as well as our Green Paper on shadow banking. The
results of the consultation will allow the Commission to form
an objective view on what the next steps should be for the
UCITS framework in particular.
More generally, it is not unusual, in our experience, for
future policy development work to...