Study on Enhancing Investment Adviser Examinations
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It must be noted that on 12 July 2010 the Commission proposed the extension of investor
compensation schemes to cover investors in UCITS. The amendments to Directive 97/9/EC
aimed to cover situations where a depositary is liable for the loss of assets of UCITS but is not
able to cover its liabilities. This should serve as an additional means to increase the protection
for investors in UCITS. However, at this stage this proposal has not been accepted by the
Council and is subject to further negotiations.
In addition, the financial crisis also revealed that the remuneration and incentive...
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Study on Enhancing Investment Adviser Examinations
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Study on Enhancing Investment Adviser Examinations
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