Focus on Funds LIBOR Controversy, Global Money Market Fund Regulation The July 20, 2012, issue of Focus on Funds outlines key fund industry concerns in the controversy over LIBOR (the London Interbank Offered Rate, used to price a range of financial transactions) and reports on the...
Today the European Commission adopted a proposal for revisions to the Undertakings for Collective Investment in Transferable Securities (UCITS) framework, which governs cross-border retail investment funds in Europe. The proposal, commonly known as UCITS V, includes new rules on the...
