Investment Fund regulation and opportunities for Latvia

  • 2011-08-24
  • Dr. Michel Verlaine
The recent subprime crisis has led policymakers and regulators to analyze the so-called shadow banking sector in more detail. This shadow banking sector is typically organized in off-shore zones and extensively uses sophisticated financial products called derivative and structured products. Recently, the European Commission has proposed new Directives on Investment Funds. The first Directive concerns standard Investment Funds called UCITS, which stands for Undertakings of Collective Investments in Transferrable Securities. Basically, it is the designation for investment funds that respec...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section