Undertakings For Collective Investment in Transferable Securities Directives - Management Directive

Management Directive

The Management Directive 2001/107/EC, seeks to give management companies a “European passport” to operate throughout the EU, and widens the activities which they are allowed to undertake. It also introduces the concept of a simplified prospectus, which is intended to provide more accessible and comprehensive information in a simplified format to assist the cross-border marketing of UCITS throughout Europe.

Read more about this topic:  Undertakings For Collective Investment In Transferable Securities Directives

Famous quotes containing the word management:

    “The management of fertility is one of the most important functions of adulthood.”
    —Germaine Greer (b. 1939)