Politics & Regulation

UCITS are a priority, according to EFAMA


One of the priorities of the body that represents the asset management industry in Europe is to expand the UCITS brand in Europe and beyond.

Other issues and priorities that the European Fund and Asset Management Association (EFAMA) is tackling include regulation, long term savings initiatives, shadow banking and MiFID (Markets in Financial Instruments Directive), Claude Kremer president of EFAMA told a briefing earlier this week in London.

EFAMA is working with different policymakers on at least 30 pieces of regulation – but it is focusing on the EC’s consumer retail package, the Alternative Investment Fund Managers Directive (AIFMD)