European Union Content

Washington, DC; October 31, 2022—Average ongoing charges for UCITS in the European Union continued to fall in 2021, the latest ICI research shows. Ongoing charges are indirectly paid from fund assets and cover a range of services, including portfolio management, compliance costs, and...

On October 3, ICI co-signed a letter with several associations (the Associations) in response to a consultation by the Prudential Regulatory Authority of the Bank of England (PRA) and the Financial Conduct Authority (FCA). The consultation sought comments on the proposal to amend on...

ICI Global welcomes progress on the Capital Markets Union (CMU) and is committed to working with policymakers to ensure the CMU creates new opportunities for EU citizens to participate in Europe's capital markets.

Brussels, 5 October 2021—Investment Company Institute CEO Eric J. Pan issued the following statement in response to the European Parliament’s vote to confirm Verena Ross as chair of the European Securities and Markets Authority (ESMA): “I warmly congratulate Verena Ross on her...

Policymakers and commentators are paying more attention than ever to UCITS ongoing charges. This heightened scrutiny has led to two common misperceptions. First, that declines in UCITS ongoing charges are “too small.” Second, that UCITS ongoing charges are “too high.” ICI analysis on...