Podcast
Questions and Answers
What was the main aim of the UCITS directives?
What was the main aim of the UCITS directives?
- To facilitate the promotion of funds to retail investors within the EU only
- To create a framework for cross-border sales of investment funds throughout the EU (correct)
- To increase costs involved in selling investment funds
- To restrict fund sales to the country where they are established
What impact did the Brexit transition period have on UK fund management firms in relation to UCITS funds?
What impact did the Brexit transition period have on UK fund management firms in relation to UCITS funds?
- They lost the ability to establish a fund in the UK as a UCITS fund and sell it across Europe (correct)
- They gained more flexibility in establishing UCITS funds in the UK
- They were granted additional benefits for operating in the EU
- They had to close down their operations in the UK
Why have many UK fund management groups set up subsidiaries in Luxembourg, Ireland, and other countries?
Why have many UK fund management groups set up subsidiaries in Luxembourg, Ireland, and other countries?
- To face fewer regulatory hurdles
- To increase costs for operating within the EU
- To withdraw from the European market
- To operate from these countries after losing the ability to establish UCITS funds in the UK (correct)
In what way did EEA-based funds face challenges following the end of the Brexit transition period?
In what way did EEA-based funds face challenges following the end of the Brexit transition period?
What is the FCA's plan regarding the marketing of EEA UCITS funds to retail investors post-Brexit?
What is the FCA's plan regarding the marketing of EEA UCITS funds to retail investors post-Brexit?
What was the impact of UCITS directives on investment fund sales across the EU?
What was the impact of UCITS directives on investment fund sales across the EU?
How did the UCITS directives aim to ensure a level playing field for investment funds?
How did the UCITS directives aim to ensure a level playing field for investment funds?
Why were the UCITS directives designed to allow funds to be sold across borders?
Why were the UCITS directives designed to allow funds to be sold across borders?
Which entities will face challenges in selling their investment funds post-Brexit due to regulatory changes?
Which entities will face challenges in selling their investment funds post-Brexit due to regulatory changes?
What is one option that UK fund management firms opted for post-Brexit to continue their operations effectively?
What is one option that UK fund management firms opted for post-Brexit to continue their operations effectively?
