A memorandum containing proposals for legislative amendments to transpose the Directive (EU) 2019/1160 on facilitating cross-border distribution of collective investment funds (the ‘CBFD Directive’) has been published on 30 June. The memorandum includes the CBFD Directive on UCITS and AIFM aspects.
Our market intelligence team carries out a specific daily monitoring on the transposition of the CBFD Directive in each Member State.
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