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Ucits, AIFM’s compliance with EU law analyzed in ESMA supervisory action

( February 14, 2025, 12:44 GMT | Official Statement) -- MLex Summary: The European Securities and Markets Authority today started an EU-wide supervisory action with national competent authorities on compliance and internal audit functions of management companies of Undertakings for Collective Investment in Transferable Securities and Alternative Investment Fund Managers. The exercise aims to assess the companies' compliance with EU laws. ESMA will publish the results of the exercise next year.Press release follows. ...

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