Depositary

Feedback on public consultation on the UCITS depositary function

The European Commission held a public consultation on UCITS depositaries. The consultation, now closed, sought input from investors, the depositary industry, asset managers, other financial institutions and public authorities. The objective is to clarify the regulatory framework applicable to UCITS depositaries, with a view to increasing the level of the protection of UCITS investors.

Seventy nine responses were received in all from a variety of stakeholders. A summary of the contributions received has been published, accompanied by individual contributions (except where respondents requested confidentiality).

• Press Release (03.07.2009)
   
• Consultation and Feedback