The proposed amendments are set out in a proposal for a Directive amending the UCITS Directive 2009/65 and AIFMD with regard to the cross-border distribution of collective investment funds…
New Deal for Consumers
The major impact the New Deal will have on businesses is the increase of the non-compliance cost for any business that doesn’t comply with the amended EU Consumer Law. The proposed amendment of Directive 2005/29/EC provides National Authorities with major fine imposing powers…