Directive 2009/65 - Coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast)

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This page contains a limited version of this dossier in the EU Monitor.

Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Original proposal
  6. Sources and disclaimer
  7. Full version
  8. EU Monitor

1.

Current status

This directive has been published on November 17, 2009, entered into force on December  7, 2009 and should have been implemented in national regulation on June 30, 2011 at the latest.

2.

Key information

official title

Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast)
 
Legal instrument Directive
Number legal act Directive 2009/65
Original proposal COM(2008)458 EN
CELEX number961 32009L0065

3.

Key dates

Document 13-07-2009
Publication in Official Journal 17-11-2009; Special edition in Croatian: Chapter 06 Volume 003,OJ L 302, 17.11.2009
Effect 07-12-2009; Entry into force Date pub. + 20 See Art 118.1
01-07-2011; Partial application See Art 118.1
Deadline 15-04-2028; See Art 112a.2
16-04-2029; Review See Art 110a
End of validity 31-12-9999
Transposition 30-06-2011; At the latest See Art 166.1

4.

Legislative text

17.11.2009   

EN

Official Journal of the European Union

L 302/32
 

DIRECTIVE 2009/65/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 13 July 2009

on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)

(recast)

(Text with EEA relevance)

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Article 47(2) thereof,

Having regard to the proposal from the Commission,

Acting in accordance with the procedure laid down in Article 251 of the Treaty (1),

Whereas:

 

(1)

Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (2) has been substantially amended several times (3). Since further amendments are to be made, it should be recast in the interests of clarity.
 

(2)

Directive 85/611/EEC has largely contributed to the development and success of the European investment funds industry. However, despite the improvements introduced since its adoption, in particular in 2001, it has steadily become clear that changes need to be introduced into the UCITS legal framework in order to adapt it to the financial markets of the twenty-first century. The Commission Green Paper of 12 July 2005 on the enhancement of the EU framework for investment funds launched a public debate on the way in which Directive 85/611/EEC should be amended in order to meet those new challenges. That intense consultation process led to the largely shared conclusion that substantial amendments to that Directive are needed.
 

(3)

National laws governing collective investment undertakings should be coordinated with a view to approximating the conditions of competition between those undertakings at Community level, while at the same time ensuring more effective and more uniform protection for unit-holders. Such coordination facilitates the removal of the restrictions on the free movement of units of UCITS in the Community.
 

(4)

Having regard to those objectives, it is desirable to provide for common basic rules for the authorisation, supervision, structure and activities of UCITS established in the Member States and the information that they are required to publish.
 

(5)

The coordination of the laws of the Member States should be confined to UCITS other than of the closed-ended type that promote the sale of their units to the public in the Community. It is desirable that UCITS be permitted, as part of their investment objective, to invest in financial instruments, other than transferable securities, which are sufficiently liquid. The financial instruments which are eligible to be investment assets of the portfolio of the UCITS should be listed in this Directive. The selection of investments for a portfolio by means of an index is a management technique.
 

(6)

Where a provision of this Directive requires that UCITS take action, that provision should be understood to refer to the management company in cases where the UCITS is constituted as a common fund managed by a management company and where a common fund is not in a position to act by itself because it has no legal personality of its own.
 

(7)

Units of UCITS are considered to be financial instruments for the purposes of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments (4).
 

(8)

An authorisation granted to the management company in its home Member State should ensure investor protection and the solvency of management companies, with a view to contributing to the stability of the financial system. The approach adopted in...


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This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

7.

Full version

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8.

EU Monitor

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  • 1. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 2. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 3. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 4. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 5. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 6. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 7. 
    See footnote 5.

     
  • 8. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 9. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 10. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 11. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 12. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 13. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 14. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 15. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 16. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 17. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 18. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 19. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 20. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 21. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 22. 
    See footnote 5.

     
  • 23. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 24. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 25. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 26. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 27. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 28. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 29. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 30. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 31. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 32. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 33. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 34. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 35. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 36. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 37. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 38. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 39. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 40. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 41. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 42. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 43. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 44. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 45. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 46. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 47. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 48. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 49. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 50. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 51. 
    OJ C , , p. .

     
  • 52. 
    OJ L 375, 31.12.1985, p. 3. Directive as last amended by Directive 2008/18/EC (OJ L 76, 19.03.2008, p.42)

     
  • 53. 
    See Annex III, Part A.

     
  • 54. 
    COM (2005) 314 final.

     
  • 55. 
    OJ L 145, 30.4.2004, p. 1. Directive as amended by Directive 2006/31/EC (OJ L 114, 27.4.2006, p. 60).

     
  • 56. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 57. 
    OJ L 24, 29.1.2004, p.1.

     
  • 58. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 59. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 60. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 61. 
    OJ L184, 17.7.1999, p. 23. Decisions as amended by Decision 2006/512/EC (OJ L 200, 22.7.2006, p. 11).

     
  • 62. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 63. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 64. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 65. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 66. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 67. 
    OJ L 168, 18.7.1995, p. 7.

     
  • 68. 
    OJ L 193, 18.7.1983, p. 1.

     
  • 69. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 70. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 71. 
    OJ L 348, 17.12.1988, p. 62.

     
  • 72. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC (OJ L 290, 17.11.2000, p. 27).

     
  • 73. 
    OJ L 193, 18.7.1983, p. 1. Directive as last amended by the 1994 Act of Accession.

     
  • 74. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 75. 
    OJ L 177, 30.6.2006, p. 1.OJ L 126, 26.5.2000, p. 1. Directive as amended by Directive 2000/28/EC of the European Parliament and of the Council (OJ L 275, 27.10.2000, p. 37).

     
  • 76. 
    OJ L 141, 11.6.1993, p. 1. Directive as last amended by Directive 98/33/EC of the European Parliament and of the Council (OJ L 204, 21.7.1998, p. 29).

     
  • 77. 
    OJ L 184, 6.7.2001, p. 1.

     
  • 78. 
    OJ L 177, 30.6.2006, p. 201.

     
  • 79. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 80. 
    OJ L 145, 30.4.2004, p. 1.

     
  • 81. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 82. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 83. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 84. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 85. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 86. 
    OJ L 84, 26.3.1997, p. 22.

     
  • 87. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 88. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 89. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 90. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 91. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 92. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 93. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 94. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 95. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 96. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 97. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 98. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 99. 
    OJ L 157, 9.6.2006, p. 87.

     
  • 100. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 101. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 102. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 103. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 104. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 105. 
    OJ L 145, 30.4.2004, p. 1. Directive as amended by Directive 2006/31/EC (OJ L 114, 27.4.2006, p. 60).

     
  • 106. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 107. 
    OJ C , , p. .

     
  • 108. 
    Fourth Council Directive 78/660/EEC of 25 July 1978 based on Article 54(3)(g) of the Treaty on the annual accounts of certain types of companies (OJ L 222, 14.8.1978, p. 11). Directive as last amended by Directive 1999/60/EC (OJ L 162, 26.6.1999, p. 65).

     
  • 109. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 110. 
    Seventh Council Directive 83/349/EEC of 13 June 1983 based on the Article 54(3)(g) of the Treaty on consolidated accounts (OJ L 193, 18.7.1983, p. 1). Directive as last amended by the 1994 Act of Accession.

     
  • 111. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 112. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 113. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 114. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 115. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 116. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 117. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 118. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 119. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 120. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 121. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 122. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 123. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 124. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 125. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 126. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 127. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 128. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 129. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 130. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 131. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 132. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 133. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 134. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 135. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 136. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 137. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 138. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 139. 
    OJ No L 157, 9.6.2006, p. 87.

     
  • 140. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 141. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 142. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 143. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 144. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 145. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 146. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 147. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 148. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 149. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 150. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 151. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 152. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 153. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 154. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 155. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 156. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 157. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 158. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, OJ L 191, 13July 2001, p 43.

     
  • 159. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 160. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 161. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 162. 
    See footnote 5.

     
  • 163. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 164. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 165. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 166. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 167. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 168. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 169. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 170. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 171. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 172. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 173. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 174. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 175. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 176. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 177. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 178. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 179. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 180. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 181. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 182. 
    OJ No L 126, 12. 5. 1984, p. 20.

     
  • 183. 
    OJ No L 222, 14. 8. 1978, p. 11. Directive as last amended by Directive 90/605/EEC (OJ No L 317, 16. 11. 1990, p. 60).

     
  • 184. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 185. 
    See footnote 5.

     
  • 186. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 187. 
    OJ L 191, 13.7.2001, p. 45. Decision as amended by Decision 2004/8/EC (OJ L 3, 7.1.2004, p. 33).

     
  • 188. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 189. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 190. 
    See footnote 5.

     
  • 191. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 192. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 193. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 194. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 195. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 196. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 197. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 198. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 199. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 200. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 201. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 202. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 203. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 204. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 205. 
    See footnote 5.

     
  • 206. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 207. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 208. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 209. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 210. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 211. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 212. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 213. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 214. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 215. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 216. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 217. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 218. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 219. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 220. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 221. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 222. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 223. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 224. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 225. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 226. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 227. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 228. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 229. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 230. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 231. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 232. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 233. 
    See footnote 5.

     
  • 234. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 235. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 236. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 237. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 238. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 239. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 240. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 241. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 242. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 243. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 244. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 245. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 246. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 247. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 248. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 249. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 250. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 251. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 252. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 253. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 254. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 255. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 256. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 257. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 258. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 259. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 260. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 261. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 262. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 263. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 264. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 265. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 266. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 267. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 268. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 269. 
    OJ C , , p. .

     
  • 270. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 271. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 272. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 273. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 274. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 275. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 276. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 277. 
    See footnote 5.

     
  • 278. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 279. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 280. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 281. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 282. 
    OJ C , , p. .

     
  • 283. 
    OJ L 375, 31.12.1985, p. 3. Directive as last amended by Directive 2008/18/EC (OJ L 76, 19.03.2008, p.42)

     
  • 284. 
    OJ L 375, 31.12.1985, p. 3. Directive as last amended by Directive 2008/18/EC (OJ L 76, 19.03.2008, p.42)

     
  • 285. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 286. 
    See Annex III, Part A.

     
  • 287. 
    COM (2005) 314 final.

     
  • 288. 
    OJ L 145, 30.4.2004, p. 1. Directive as amended by Directive 2006/31/EC (OJ L 114, 27.4.2006, p. 60).

     
  • 289. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 290. 
    OJ L 24, 29.1.2004, p.1.

     
  • 291. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 292. 
    See footnote 5.

     
  • 293. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 294. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 295. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 296. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 297. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 298. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 299. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 300. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 301. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 302. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 303. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 304. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 305. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 306. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 307. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 308. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 309. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 310. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 311. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 312. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 313. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 314. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 315. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 316. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 317. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 318. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 319. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 320. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 321. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 322. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 323. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 324. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 325. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 326. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 327. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 328. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 329. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 330. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 331. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 332. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 333. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 334. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 335. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 336. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 337. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 338. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 339. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 340. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 341. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 342. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 343. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 344. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 345. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 346. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 347. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 348. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 349. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 350. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 351. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 352. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 353. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 354. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 355. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 356. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 357. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 358. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 359. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 360. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 361. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 362. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 363. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 364. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 365. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 366. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 367. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 368. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 369. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 370. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 371. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 372. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 373. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 374. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 375. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 376. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 377. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 378. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 379. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 380. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 381. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 382. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 383. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 384. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 385. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 386. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 387. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 388. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 389. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 390. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 391. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 392. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 393. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 394. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 395. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 396. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 397. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 398. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 399. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 400. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 401. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 402. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 403. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 404. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 405. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 406. 
    See footnote 5.

     
  • 407. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 408. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 409. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 410. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 411. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 412. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 413. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 414. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 415. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 416. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 417. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 418. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 419. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 420. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 421. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 422. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 423. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 424. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 425. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 426. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 427. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 428. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 429. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 430. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 431. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 432. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 433. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 434. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 435. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 436. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 437. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 438. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 439. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 440. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 441. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 442. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 443. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 444. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 445. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 446. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 447. 
    See footnote 5.

     
  • 448. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 449. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 450. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 451. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 452. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 453. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 454. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 455. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 456. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 457. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 458. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 459. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 460. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 461. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 462. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 463. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 464. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 465. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 466. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 467. 
    See footnote 5.

     
  • 468. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 469. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 470. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 471. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 472. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 473. 
    OJ C , , p. .

     
  • 474. 
    See Annex III, Part A.

     
  • 475. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 476. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 477. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 478. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 479. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 480. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 481. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 482. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 483. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 484. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 485. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 486. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 487. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 488. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 489. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 490. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 491. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 492. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 493. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p. 7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p. 1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 494. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 495. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 496. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 497. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 498. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 499. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 500. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 501. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 502. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 503. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 504. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 505. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 506. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 507. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 508. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 509. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 510. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 511. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 512. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 513. 
    See footnote 5.

     
  • 514. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 515. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 516. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 517. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 518. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 519. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 520. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 521. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 522. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 523. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 524. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 525. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 526. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 527. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 528. 
    See footnote 5.

     
  • 529. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 530. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 531. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 532. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 533. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 534. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 535. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 536. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 537. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 538. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 539. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 540. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 541. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 542. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 543. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 544. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 545. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 546. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 547. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 548. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 549. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 550. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 551. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 552. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 553. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 554. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 555. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 556. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 557. 
    OJ C , , p. .

     
  • 558. 
    OJ L 375, 31.12.1985, p. 3. Directive as last amended by Directive 2008/18/EC (OJ L 76, 19.03.2008, p.42)

     
  • 559. 
    See Annex III, Part A.

     
  • 560. 
    COM (2005) 314 final.

     
  • 561. 
    OJ L 145, 30.4.2004, p. 1. Directive as amended by Directive 2006/31/EC (OJ L 114, 27.4.2006, p. 60).

     
  • 562. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 563. 
    OJ L 24, 29.1.2004, p.1.

     
  • 564. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 565. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 566. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 567. 
    OJ L184, 17.7.1999, p. 23. Decisions as amended by Decision 2006/512/EC (OJ L 200, 22.7.2006, p. 11).

     
  • 568. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 569. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 570. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 571. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 572. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 573. 
    OJ L 168, 18.7.1995, p. 7.

     
  • 574. 
    OJ L 193, 18.7.1983, p. 1.

     
  • 575. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 576. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 577. 
    OJ L 348, 17.12.1988, p. 62.

     
  • 578. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC (OJ L 290, 17.11.2000, p. 27).

     
  • 579. 
    OJ L 193, 18.7.1983, p. 1. Directive as last amended by the 1994 Act of Accession.

     
  • 580. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 581. 
    OJ L 177, 30.6.2006, p. 1.OJ L 126, 26.5.2000, p. 1. Directive as amended by Directive 2000/28/EC of the European Parliament and of the Council (OJ L 275, 27.10.2000, p. 37).

     
  • 582. 
    OJ L 141, 11.6.1993, p. 1. Directive as last amended by Directive 98/33/EC of the European Parliament and of the Council (OJ L 204, 21.7.1998, p. 29).

     
  • 583. 
    OJ L 184, 6.7.2001, p. 1.

     
  • 584. 
    OJ L 177, 30.6.2006, p. 201.

     
  • 585. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 586. 
    OJ L 145, 30.4.2004, p. 1.

     
  • 587. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 588. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 589. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 590. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 591. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 592. 
    OJ L 84, 26.3.1997, p. 22.

     
  • 593. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 594. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 595. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 596. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 597. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 598. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 599. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 600. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 601. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 602. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 603. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 604. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 605. 
    OJ L 157, 9.6.2006, p. 87.

     
  • 606. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 607. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 608. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 609. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 610. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 611. 
    OJ L 145, 30.4.2004, p. 1. Directive as amended by Directive 2006/31/EC (OJ L 114, 27.4.2006, p. 60).

     
  • 612. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 613. 
    OJ C , , p. .

     
  • 614. 
    Fourth Council Directive 78/660/EEC of 25 July 1978 based on Article 54(3)(g) of the Treaty on the annual accounts of certain types of companies (OJ L 222, 14.8.1978, p. 11). Directive as last amended by Directive 1999/60/EC (OJ L 162, 26.6.1999, p. 65).

     
  • 615. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 616. 
    Seventh Council Directive 83/349/EEC of 13 June 1983 based on the Article 54(3)(g) of the Treaty on consolidated accounts (OJ L 193, 18.7.1983, p.

    1). Directive as last amended by the 1994 Act of Accession.

     
  • 617. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 618. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 619. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 620. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 621. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 622. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 623. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 624. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 625. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 626. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 627. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 628. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 629. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 630. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 631. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 632. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 633. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 634. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 635. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 636. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 637. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 638. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 639. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 640. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 641. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 642. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 643. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 644. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 645. 
    OJ No L 157, 9.6.2006, p. 87.

     
  • 646. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 647. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 648. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 649. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 650. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 651. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 652. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 653. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 654. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 655. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 656. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 657. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 658. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 659. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 660. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 661. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 662. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 663. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 664. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, OJ L 191, 13July 2001, p 43.

     
  • 665. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 666. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 667. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 668. 
    See footnote 5.

     
  • 669. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 670. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 671. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 672. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 673. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 674. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 675. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 676. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 677. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 678. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 679. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 680. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 681. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 682. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 683. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 684. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 685. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 686. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 687. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 688. 
    OJ No L 126, 12. 5. 1984, p. 20.

     
  • 689. 
    OJ No L 222, 14. 8. 1978, p. 11. Directive as last amended by Directive 90/605/EEC (OJ No L 317, 16. 11. 1990, p. 60).

     
  • 690. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 691. 
    See footnote 5.

     
  • 692. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 693. 
    OJ L 191, 13.7.2001, p. 45. Decision as amended by Decision 2004/8/EC (OJ L 3, 7.1.2004, p. 33).

     
  • 694. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 695. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 696. 
    See footnote 5.

     
  • 697. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 698. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 699. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 700. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 701. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 702. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 703. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 704. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 705. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 706. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 707. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 708. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 709. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 710. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 711. 
    See footnote 5.

     
  • 712. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 713. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 714. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 715. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 716. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 717. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 718. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 719. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 720. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 721. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 722. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 723. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 724. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 725. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 726. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 727. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 728. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 729. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 730. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 731. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 732. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 733. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 734. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 735. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 736. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 737. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 738. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 739. 
    See footnote 5.

     
  • 740. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 741. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 742. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 743. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 744. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 745. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 746. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 747. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 748. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 749. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 750. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 751. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 752. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 753. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 754. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 755. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 756. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 757. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 758. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 759. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 760. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 761. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 762. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 763. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 764. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 765. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 766. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 767. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 768. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 769. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 770. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 771. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 772. 
    OJ C , , p. .

     
  • 773. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 774. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 775. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 776. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 777. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 778. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 779. 
    See footnote 5.

     
  • 780. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 781. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 782. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 783. 
    OJ C , , p. .

     
  • 784. 
    OJ L 375, 31.12.1985, p. 3. Directive as last amended by Directive 2008/18/EC (OJ L 76, 19.03.2008, p.42)

     
  • 785. 
    OJ L 375, 31.12.1985, p. 3. Directive as last amended by Directive 2008/18/EC (OJ L 76, 19.03.2008, p.42)

     
  • 786. 
    See Annex III, Part A.

     
  • 787. 
    COM (2005) 314 final.

     
  • 788. 
    OJ L 145, 30.4.2004, p. 1. Directive as amended by Directive 2006/31/EC (OJ L 114, 27.4.2006, p. 60).

     
  • 789. 
    OJ L 141, 11.6.1993, p. 27. Directive as last amended by Directive 2000/64/EC.

     
  • 790. 
    OJ L 24, 29.1.2004, p.1.

     
  • 791. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 792. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 793. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 794. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 795. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 796. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 797. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 798. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 799. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 800. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 801. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 802. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 803. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 804. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 805. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 806. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 807. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 808. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 809. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 810. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 811. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 812. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 813. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 814. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 815. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 816. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 817. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 818. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 819. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 820. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 821. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 822. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 823. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 824. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 825. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 826. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 827. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 828. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 829. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 830. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 831. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 832. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 833. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 834. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 835. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 836. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 837. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 838. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 839. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 840. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 841. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 842. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 843. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 844. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 845. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 846. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 847. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 848. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 849. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 850. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 851. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 852. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 853. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 854. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 855. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 856. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 857. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 858. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 859. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 860. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 861. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 862. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 863. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 864. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 865. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 866. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 867. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 868. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 869. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 870. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 871. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 872. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 873. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 874. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 875. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 876. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 877. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 878. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 879. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 880. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 881. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 882. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 883. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 884. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 885. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 886. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 887. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 888. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 889. 
    See footnote 5.

     
  • 890. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 891. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 892. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 893. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 894. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 895. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 896. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 897. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 898. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 899. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 900. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 901. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 902. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 903. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 904. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 905. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 906. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 907. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 908. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 909. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 910. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 911. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 912. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 913. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 914. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 915. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 916. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 917. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 918. 
    Commission working document: First progress report on the strategy for the simplification of the regulatory environment - COM(2006) 690.

     
  • 919. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 920. 
    See footnote 5.

     
  • 921. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 922. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 923. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 924. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 925. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 926. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 927. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 928. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 929. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 930. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 931. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 932. 
    As established by Commission Decision 2001/527/EC of 6 June 2001, (OJ L 191, 13.7.2001, p. 43).

     
  • 933. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 934. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 935. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 936. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 937. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 938. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 939. 
    Directive 85/611/EEC was amended by the following acts: Directive 95/26/EC of the European Parliament and of the Council of 29 June 1995 (OJ L 168, 18.7.1995, p.

    7), Directive 2000/64/EC of the European Parliament and of the Council of 7 November 2000 (OJ L 290, 17.11.2000, p. 27), Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 20), Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 (OJ L 41, 13.2.2002, p. 35); Directive 2004/39/EC of the European Parliament and of the Council of 9 March 2005 (OJ L 145, 30.4.2004, p.

    1), Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p 9) and Directive 2008/18/EC of the European Parliament and of the Council amending Directive 85/611/EC as regards implementing powers conferred upon the Commission (OJ L 76, 19.3.2008, p. 42).

     
  • 940. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 941. 
    Pursuant to the UCITS Directive the feeder UCITS and the master UCITS may only have the same depositary if they are established in the same Member State.

     
  • 942. 
    OJ C , , p. .

     
  • 943. 
    See Annex III, Part A.

     
  • 944. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 945. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 946. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 947. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 948. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 949. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 950. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 951. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 952. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 953. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 954. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 955. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 956. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 957. 
    White Paper on enhancing the Single Market framework for investment funds - COM(2006) 686.

     
  • 958. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 959. 
    Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (OJ L 375, 31.12.1985, p. 3, as amended) (see footnote 5).

     
  • 960. 
    Green Paper on enhancing the European framework for investment funds - COM(2005) 314.

     
  • 961. 
    Deze databank van de Europese Unie biedt de mogelijkheid de actuele werkzaamheden (workflow) van de Europese instellingen (Europees Parlement, Raad, ESC, Comité van de Regio's, Europese Centrale Bank, Hof van Justitie enz.) te volgen. EURlex volgt alle voorstellen (zoals wetgevende en begrotingsdossiers) en mededelingen van de Commissie, vanaf het moment dat ze aan de Raad of het Europees Parlement worden voorgelegd.
     
  • 962. 
    EUR-lex provides an overview of the proposal, amendments, citations and legality.