these include firstly introducing a management company passport secondly facilitating cross border mergers of funds order to reduce the number funds provided in the
These include, firstly, introducing a management company passport; secondly, facilitating cross-border mergers of funds, in order to reduce the number of funds provided in the European Union and thus resolve the imbalance that can currently be seen between Europe and, in particular, the United States; thirdly, providing the possibility of master-feeder structures, in other words the option of investing one fund in another master fund and having that master fund manage the investments; fourthly, developing a short only two pages long information document, known as the key investor information, containing the most important information for small investors; fifthly, simplifying the notification procedure in order to ensure that, when a fund requests authorisation in a country where it is not yet authorised, this does not de facto result in a new re-authorisation; and, finally, strengthening supervisory cooperation.
These include, firstly, introducing a management company passport; secondly, facilitating cross-border mergers of funds, order to reduce the number funds provided in the Union and thus resolve imbalance that can currently seen between Europe and, in particular, the States; thirdly, the possibility master-feeder structures, in words the option of investing one in another fund and having that master fund manage the fourthly, developing a only two pages long information document, known as the information, containing the most important information for small investors; fifthly, simplifying the notification procedure in order to ensure that, when a fund requests authorisation in country where it not yet authorised, this does de facto result in a re-authorisation; and, finally, strengthening supervisory cooperation.