Does the Commission think that these proposals will significantly improve the operation of EU investment fund market?
All the expert group proposals have a potential to foster efficiency gains at different levels of the fund production value-chain. The group’s recommendations aim to reduce times to market, exploit economies of scale and specialisation and provide more flexibility for industry players to organise their business on a pan-European basis. This should help the industry to offer cheaper products able to respond to the evolving needs of investors. However, this is not the only criterion that will be taken into account when analysing the proposals. The Commission will assess whether the recommendations are the most cost-efficient measures in order to achieve the desired result. Particular interest will be also paid to the need that any measure to realise efficiency savings will not come in detriment of investor protection. The Commission therefore invites all interested parties to react to the experts’ recommendations indicating which risks or disadvantages the recommendations may present. Th
