The arrival of 10 new countries into the EU has led the Czech Republic, Hungary, Poland and Slovakia to alter their investment laws to make them compliant with Ucits regulations
The planned accession of 10 countries to the EU this year and the associated regulatory changes will have, in the longer term, a profound effect on the collective investment industry in these countries. Accession countries such as the Czech Republic, Poland, Hungary and Slovakia have been changing their investment regulations to make them compliant with Ucits regulations. Czech Republic The main source for regulation of the collective investment management industry in the Czech Republic has been the Investment Companies and Investment Funds (ICIF) act. As early as 2002, the Czech Mi...
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