The promotion of long-term investments is crucial in many ways: for the well being of EU citizens - representing current or future pensioners who have to rely increasingly on the performance of their long-term and pension savings - and for the development of the EU economy and subsequently the creation of jobs. This is why EuroFinuse believes the solutions for long-term investment envisaged by the European Commission consultation published on 26 July 2012 on “Undertakings for Collective Investment in Transferable Securities (UCITS) - Product Rules, Liquidity Management, Depositary, Money Market Funds, Long-term Investments” are insufficient to address the current situation. EuroFinuse therefore proposes in its response to the consultation measures that bear far greater impact.
Date: 18th October 2012
Author: EuroFinuse
Type: Consultations
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