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Undertakings for collective investments in transferable securities (UCITS), which gather assets from ordinary retail investors and pool them to buy bonds, shares or other financial products must be subject to stricter rules, to protect investors in them properly, said MEPs.
FT Interactive Data Europe, part of Interactive Data (NYSE: IDC) and a leading supplier of financial information to global markets, announced today that it has formed an alliance with global business entity data content and services provider Avox (formerly known as Azdex), to provide a business entity data service aimed at helping customers to meet their requirements for compliance under regulations such as the European Commission's Undertakings for Collective Investments in Transferable Securities (UCITS III) directive.