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There are three months to go until UCITS IV comes into force. It is an important issue for the EU funds market. Luxembourg was the first European Member State to transpose this directive into national law. In an interview with LFF, Jean-Michel Loehr (picture), RBC Dexias Head of Industry and Government Relations, speaks about implementation of the Directive in Europes main fund centres and the different attitudes of asset managers. He fears that a two-speed Europe is emerging.
Luxembourg has become the first EU Member State to adopt UCITS IV into its national law. What is the advantage of early implementation?
Luxemburg has developed into the domicile and servicing hub of choice for UCITS, as well as an ideal gateway for cross...
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