In its response to
CESR the European Banking Federation (FBE) does not believe that consistency of regulation should lead to any attempt to put in place a uniform approach for individual asset management and collective investments. A clear distinction should be made between the treatment of collective investment portfolios and of individual asset management.
The FBE is also concerned that it is not entirely clear how experts will be appointed to the Consultative Working Group.
FBE paper
© FBE
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article