Cross-border distribution of collective investment funds
The European Commission recently issued a legislative proposal to increase cross-border distribution of investment funds. This briefing provides an initial analysis of the strengths and weaknesses of the impact assessment accompanying the Commission's proposal. Based on both internal and some external sources, as well as several stakeholder consultations, the impact assessment provides useful information, but lacks coherence and transparency. It acknowledges some limitations, citing lack of data and the influence of other factors, which are out of the scope of the impact assessment. The range of proposed policy options is rather limited for some areas. The impact assessment focuses on average cost effects for asset managers (and for competent authorities), without taking into account social or territorial implications and without analysing, for instance, the effects on SMEs or on the EU27 after Brexit.
Briefing
Dwar dan id-dokument
Tip ta’ pubblikazzjoni
Awtur
Kelma għat-tiftix
- analiżi ekonomika
- Awtorità Ewropea tat-Titoli u s-Swieq
- dimensjoni transnazzjonali
- dritt tal-Unjoni Ewropea
- EKONOMIJA
- FINANZI
- fond ta' investiment alternattiv
- istituzzjonijiet finanzjarji u kreditu
- istituzzjonijiet tal-UE u servizz ċivili Ewropew
- KUMMERĊ
- kummerċjalizzazzjoni
- kummerċjalizzazzjoni
- leġiżlazzjoni finanzjarja
- moviment liberu tal-kapital
- proposta (UE)
- reġjuni u politika reġjonali
- studju tal-impatt
- suq tal-kapital
- tranżazzjoni ta’ investiment
- UCITS
- UNJONI EWROPEA