CESR delivers today its advice in two key areas relating to Undertakings for Collective Investment in Transferable Securities (UCITS): the regulatory framework that should underpin the management company passport (Ref. CESR/09-963); and the format and the content of key investor information disclosures (Ref. CESR/09-949).
CESR’s advice follows a Commission mandate received in February 2009. The publication of today's advices is accompanied by a press release.
