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Non-harmonised funds

08.04.2008 – Open Hearing on non-harmonised retail investment funds

European Commission organised an open hearing to gather stakeholder views on whether a single market framework should be put in place for some non-harmonised fund classes which are already offered to the retail public at national level. The hearing had a double focus: Examine recent developments in European retail funds and assess possibilities for cross-border retail distribution of these products.  It also devoted particular attention to markets for European real estate funds taking account of forthcoming industry expert group report on Open Ended Real Estate Funds.