ESMA seeks feedback on UCITS Eligible Assets Directive review
06 Jun 2024
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On 7 May 2024, the European Securities and Markets Authority issued a Call for Evidence regarding the review of Commission Directive 2007/16/EC on UCITS eligible assets. This initiative is part of the European Commission's request for ESMA to provide technical advice on the UCITS EAD review.
ESMA's assessment focusses on the directive's implementation across Member States, identifying any discrepancies and recommending updates to align with market changes. ESMA seeks input on how UCITS have gained exposure to certain asset classes like structured loans, catastrophe bonds, and crypto assets, which might pose risks to retail investors.
This Call for Evidence is relevant to investors, consumer groups, UCITS management companies, and related entities. Feedback is open until 7 August 2024.
ESMA’s Call for Evidence can be found here.
CSSF’s announcement can be found here.
CySEC’s announcement can be found here.
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