What mandate was the expert group on Investment Fund Market Efficiency given?
The expert groups mandate was to advise the Commission on cost-effective ways to support a more efficient organisation of different stages in the European fund value-chain. The Group was asked to identify shortcomings in the EU regulatory environment which prevent the fund industry from exploiting its full potential and to issue recommendations on the steps needed in order to realise any untapped efficiency gains. The report presents the Group’s proposals regarding the authorisation/notification of funds, fund mergers, asset pooling, the management company and the depositary.
Related Questions
- Does the Commission think that these proposals will significantly improve the operation of EU investment fund market?
- Can the management company behind a fund or group of funds be admitted to the Specialist Fund Market?
- What is the overall perspective of the Commission on the report of the hedge fund expert group?
