Furthermore, you will find information regarding updates on collective investment schemes and the amended instructions incorporating the new UCITS IV in France, published in December by the AMF.
The quarterly consultation paper of the FSA addresses the FSA proposals to permit non-UCITS retail schemes (“NURSs”) to operate as feeder funds in Chapter 8 and Appendix 8. At the end of the article you will find a link to download the complete FSA consultation paper.
The Italian tax authorities have revised the tax withholding calculation for investors in funds investing in eligible bonds and investment funds with effect from January 2012. Also in this issue, we provide you with the newest Aberdeen E-Alert and a further edition of our series, “IFRS for Investment Funds”.