Results of CESR’s consultation on its role in regulation and supervision of UCITS

05 January 2004

The purpose of this consultation was to seek comments on the presentation of its views on the role that CESR will play in the regulation and supervision of UCITS and asset management. The Commission already presented a legislative package to extend the Lamfalussy procedure to banking, insurance and UCITS. The transfer of responsibility for UCITS to CESR will come into effect when the legislative package is adopted.

CESR received 19 responses and these are being released today. They have been categorised by sector and include responses from European trade associations, asset managers and regulatory institutions.

Responses

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