FIN.

Funds amendment legislation published in OJ

The Regulation on cross-border distribution of collective investment undertakings and Directive amending the UCITS Directive and AIFMD have been published in the OJEU. Many of the provisions of the Regulation take effect on 1 August, but for firms, the key obligations that will require changes to marketing practices and documentation do not take effect until 2 August 2021.

Barry Stimpson

Barry Stimpson