A primary aim of the regulatory amendments included in UCITS IV was to facilitate the creation of more efficient structures within the UCITS framework.
The three key aspects of UCITS IV designed to assist in achieving this result are the new management company passport, provisions permitting the creation of master-feeder structures and the terms specifically enabling cross border fund mergers.
Ireland, Capital Markets, Insolvency & Restructuring, Mason Hayes & Curran LLP, Security (finance), Investment management, Internal market, Diversification (finance), European Commission, European Committee for Standardization, Undertakings for Collective Investment in Transferable Securities Directive (2009/65/EC)