Brussels 3rd July:

EFAMA, the European Fund and Asset Management Association, believes today's vote is testament to the importance the European Parliament places on UCITS and investors protection.

Regarding today’s vote in the European Parliament on UCITS V Peter De Proft, Director General of EFAMA said: 
 
“EFAMA will continue to work with the Parliament, the Council and the Commission throughout trilogues. EFAMA wishes the final Directive to deliver a good result for end-investors in relation to the safeguarding of assets and other provisions that benefit end-investors.”
 
- Ends –