European Commission Consults on Investment Funds

European Commission

July 26, 2012

The European Commission has launched a consultation on a future framework for investments funds. Key questions in the consultation focus on (i) the regulation of money market funds, (ii) the fund industry's involvement in securities lend and repo arrangements and (iii) the industry's exposure to OTC derivatives that will become subject to clearing.

Responses to the consultation should be submitted by October 18, 2012.