Edited by William A. Birdthistle and John Morley
In discussing the market for collective investment retail funds, the chapter argues that their regulatory framework has been shaped largely by European market integration and the need to brand pan-European collective investment products. It reflects on the need for a coherent regulatory framework for non-Undertakings for Collective Investment in Transferable Securities and unconventional retail investment schemes, particularly in the wake of the great uncertainties unleashed by the United Kingdom’s vote to leave the European Union.
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