Monday March 19 2007

News Source: Fund Regulation

Focus: General - Fund Regulation

Type: General

Country: European Union




EFAMA has published its Fund Processing Passport (FPP). This is a single short harmonised document with all the key `operational` information that fund promoters should provide on their investment funds, at class level, in order to facilitate their trading. The intention is that one FPP should be prepared for each class of unit / share (for which an individual ISIN should have been allocated), in respect of its `home market.` This includes a list of 77 items, 59 of which are mandatory. The FPP can be found at the above link.