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These best practice standards deal with issues that were identified at this stage as key issues and where regulatory best practices were agreed upon, and include among others the disclosure of fees and expenses to the investor, conditions of remuneration of the fund operator, performance fees, and transaction costs.
This paper does not identify all possible regulatory issues concerning investment funds fees and expenses. It is likely that additional extensive regulatory approaches or best practices are to emerge.
Comments are to be sent by 30 May 2004