Current Developments for Mutual Fund Audit Committees Quarterly summary - June 30, 2011
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The Madoff case brought to the fore an essential development in the UCITS sphere: while the
UCITS provisions on depositaries have remained unchanged, the investment environment for
UCITS has evolved. UCITS are now able to invest in a wider range of financial assets, which
may be more complex and also may be issued and held in custody outside the EU (for
instance, in emerging markets); fund portfolios are increasingly diverse and international.
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Current Developments for Mutual Fund Audit Committees Quarterly summary - June 30, 2011
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Current Developments for Mutual Fund Audit Committees Quarterly summary - June 30, 2011
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