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With the new legislation introduced by UCITS IV which includes new fund registration and notification procedures, Europe is further opening its doors to facilitate cross-border fund distribution. To support the new legislation, CETREL Securitiesglobally recognised reference in secured transaction communicationand KNEIPexpert in fund data and document management and disseminationhave joined forces to offer a new platform for the management of fund registration and notification.
This solution, effective in June 2011, will bring to asset managers and promoters a streamlined regulator-to-regulator procedure as well as greater visibility into the notification process. KNEIP and CETREL Securitiesofficially recognised transmission...
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