EU white paper champions simplicity

The European investment funds framework must be simplified to unlock untapped potential, according to a new white paper from the European Commission.

The current framework, established under the undertakings for collective investment in transferable securities directive, has been criticised for resulting in unnecessarily high compliance costs and missed investment opportunities.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions