Monday January 5 2015
News Source: Global Exchanges
Focus: Other
Type: General
Country: European Union
Link: http://www.esma.europa.eu/content/Discussion-Paper-Share-classes-UCITS
ESMA published its consultation paper on diverging share classes on 23rd December 2014. The paper outlines different national practices as to the types of share classes permitted by UCITS; what constitutes a share class; and the extent of differentiation between share classes.
Click the above link for more information.