The Permanent Representatives Committee approved today (19.3.2014), on behalf of the Council, an agreement reached with the European Parliament on a proposal to amend EU rules on investment funds (7411/14).
The proposal amends directive 2009/65/EC on undertakings for collective investment in transferable securities (UCITS) as concerns depositary functions, remuneration policies and sanctions.
Read more here.
Read also Greek Presidency reaches provisional agreement on UCITS.
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