Summarily, the proposal is aimed at removing administrative barriers to cross-border marketing; replace the simplified prospectus with a so-called Key Investor Information document; making UCITS fund mergers easier through single rules of authorisation and information requirements; providing for master-feeder structures, and; improving the cooperation mechanisms between national supervisors.

Muscat Azzopardi and Associates are working on a document with reactions to the proposal - please feel free to contact us with any comments in this regard.

Contact: Dr. James Muscat Azzopardi

jamesma@ma-advocates.com