The European Commission published its UCITS VI Consultation which closes on 18 October 2012 and which explores the following topics

  • eligible assets and the use of derivatives,
  • efficient portfolio management (EPM) techniques,
  • over the counter (OTC) derivatives,
  • extraordinary liquidity management rules,
  • depositary passport,
  • Money Market Funds (MMFs),
  • long term investments
  • UCITS IV improvements (including delegation, risk and liquidity management rules, valuation, reporting and calculation of leverage and aligning the UCITS Directive with the AIFMD)