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Challenges Of Operating And Complying With The Ucits Iv Directive

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  • SAVA Catalina
  • RADU Ioana

Abstract

The paper explores the latest changes encountered in the new UCITS Directive i.e. 2009/65/EC and tries to identify the perspectives offered by their transposition in the national legislation. Also, it examines and captures the level of compliance of the EU Member States to the new regulations for collective investments in securities. Organized in 4 sections, the study provides two contributions. First, it presents the newest UCITS regulations compared to the previous one, synthesizing them in five issues. Secondly, it provides an overview on the problems occurred on proliferating funds of a sub-optimal size in detriment of investors during the financial crisis.

Suggested Citation

  • SAVA Catalina & RADU Ioana, 2012. "Challenges Of Operating And Complying With The Ucits Iv Directive," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(4), pages 577-583.
  • Handle: RePEc:blg:reveco:v:supplement:y:2012:i:4:p:577-583
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/suplimente/Volume4-2012.pdf
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