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:
“People have described me as a management bishop but I say to my critics, Jesus was a management expert too.”
—George Carey (b. 1935)
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