On the 12 July 2019, Directive (EU) 2019/1160 with regard to cross-border distribution of collective investment funds, amending the UCITS Directive and the AIFM Directive (the “CBDF Directive”) and Regulation (EU) 2019/1156 on facilitating cross-border distribution of collective investment funds and amending the EuVECA and the EuSEF Regulations (the “CBDF Regulation”) were published in the Official Journal of the EU (together the "CBDF Framework"). The CBDF Framework introduces a number of measures to ease the cross-border distribution of AIFs, UCITS, EuVECAs and EuSEFs.
This contribution focusses on the newly to be introduced "pre-marketing regime".
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Source - Agefi, September 2019