Regulatory proposals on cross-border distribution of collective investment funds

The proposals concerns:

• the definition of pre-marketing to professional investors which is proposed to be introduced in the AIFMD and in the EuVECA and EuSEF Regulations;
• the provisions concerning the possibility for AIFMs and UCITS managers to cease marketing a fund which has previously been active in a particular host Member State; and
• the matter of fees that can be charged by competent authorities, in particular in host Member States, in relation to cross border activity of fund managers