Furthermore you will find several regulatory updates occurring in Europe as well as the newly published policy statement of UK explaining its transposition of the revised UCITS Directive into UK regulation.
The tax part will give you insights into Royal Decree 1145/2011 which amends the General Regulations on tax management and inspection actions and procedures in Spain as well as the European Union's proposal for a Financial Transaction Tax.
Finally, the Accounting News provides you with information about the Authorised Investment Funds Regulations 2011 (UK) which has been published and came into force on 1 October 2011.
We wish you an interesting reading.