On 19 November 2010, the EU Commission published the summary of the November meeting of the European Securities Committee, highlighting the following EU Commission legislative initiatives, which include:

  • Amendments to UCITS IV (2009/65/EC) relating to the UCITS depositaries regime and remuneration policies for UCITS managers (this is known as UCITS V).
  • EU Commission review of MiFID.
  • EU Commission workstreams on the packaged retail investment products (PRIPs) initiative (with separate consultations on sales rules for MiFID and for non-MiFID products).
  • A consultation on central securities depositories relating to EU Commission's work on the legal certainty of securities holding and dispositions.