Bank of Italy has published the full version of the Regulation about the collective asset management
The supervisory authority has republished the full version of the Regulation about the collective asset management in according to the last update of 16th February 2021.
The reasons of updating are:
- the need to standardize the collective asset management to the ESMA Guidelines about the liquidity stress testing in the Undertakings Collective Investment in Transferable Securities (UCITS) and in the FIA (ESMA 34-39-897) of 16th July 2020;
- the necessity to update the Regulation to simplify and to adapt its to market developments.
The new provisions took effect on the day following (3th March 2021) that of publication in in the Italian Official Gazette.
Read or download here:
Regulation about the collective asset management
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