UCITSsääntelyä

UCITSsääntelyä refers to the regulatory framework governing Undertakings for Collective Investment in Transferable Securities. This framework aims to harmonize investment fund regulations across the European Union, providing a high level of investor protection and facilitating the cross-border marketing of investment funds. The UCITS directive, first established in 1985, has been subject to several revisions to adapt to evolving market conditions and investor needs.

Key objectives of UCITSsääntelyä include ensuring transparency, liquidity, and diversification of investment funds. Funds that comply with UCITS regulations are eligible for a "European passport," allowing them to be marketed to retail investors in all EU member states. This passport significantly simplifies the process for fund managers to distribute their products across the European market.

The regulation sets strict rules on investment policies, asset allocation, risk management, and disclosure requirements. It also mandates specific requirements for fund managers, including authorization, prudential supervision, and reporting obligations. UCITSsääntelyä applies to a wide range of investment funds, including common funds, investment trusts, and other pooled investment vehicles. The framework is continuously updated to address new financial products and market developments, ensuring its continued relevance in protecting investors and fostering a stable financial market within the EU.