Responses
  Closing date : 29 Nov. 2004  
Call for Evidence on possible modifications of the UCITS Directive

28 Oct. 2004 - The European Commission intends to make use of the delegated powers conferred by Art. 53a of the UCITS Directive to the Commission to clarify some of the definitions pertaining to eligible assets which are contained in the UCITS Directive. In its preparation of possible draft comitology instruments, the Commission requests technical advice of CESR. In particular, the mandate covers issues on the following provisions: - Art. 1(8) (definition of transferable securities) - Art. 1(9) (definition of money market instruments) - Art. 19 (1) e (other collective investment undertakings) - Art. 19 (1) (g) (financial derivative instruments) - Art. 22 (a) (1) (index replicating UCITS) The mandate sets the deadline for CESR’s technical advice on end of October 2005. Preparation of CESR’s advice on this mandate will be undertaken by the CESR Expert Group on Investment Management, which is chaired by Mr Lamberto Cardia, Chairman of the Italian securities regulator, the Commissione nazionale per le società e la Borsa (CONSOB). A permanent member of the CESR Secretariat, Mr Jarkko Syyrilä assists the Chairman and acts as rapporteur of the Expert Group. In releasing these requests for technical advice, CESR is inviting all interested parties to submit views as to what CESR should consider in its advice to the European Commission. All contributions should be posted by 28 November 2004, on CESR’ website in the section “Consultations”.

       
08 Dec. 2004Banking
DekaBank Deutsche Girozentrale
08 Dec. 2004Banking
Dublin Funds Industry Association
08 Dec. 2004Insurance, pension & asset management
AFG
08 Dec. 2004Insurance, pension & asset management
Fefsi
08 Dec. 2004Insurance, pension & asset management
Fidelity Investments
08 Dec. 2004Insurance, pension & asset management
Institutional Money Market Funds Association
08 Dec. 2004Insurance, pension & asset management
JPMorgan Fleming Asset Management
08 Dec. 2004Insurance, pension & asset management
SCHRODERS
08 Dec. 2004Investment services
Association of Luxembourg Fund Industry
08 Dec. 2004Investment services
German investment association
19 Jan. 2005Investment services
Investment Management Association
14 Dec. 2004Investment services
IPMA
16 Dec. 2004Legal & Accountancy
Arendt & Medernach
08 Dec. 2004Regulated markets, exchanges & trading systems
EURONEXT
08 Dec. 2004Regulated markets, exchanges & trading systems
London Stock Exchange