FSA has published a draft of its “near-final” Handbook Instrument implementing the fourth Directive on Undertakings for Collective Investment in Transferable Securities (UCITS IV). The draft follows Treasury’s paper (see FReD This Week 17 June 2011), and shows the changes FSA proposes from the consultative version of the rules and is provisionally dated to take effect from 1 July. (Source: Near Final FSA Handbook Text on UCITS IV Implementation)