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UCITS IV cross-border distribution – general overview

25 November 2010 by Olivier Sciales | Comments (0) | Share

The simplified notification procedure is designed to remove bottlenecks in the procedure for cross-border distribution of Ucits funds. Power to grant the ‘passport’ is held by the fund’s home state regulator, while the regulators of member states into which the fund is to be marketed have no power of veto or delay,…