Cross-border fund regulation "severely delayed" in Sweden

The EU will be implementing new rules for the cross-border distribution of funds on August 2 – but it looks like Sweden will be seven months late to the party.

Photo: COLOLURBOX.COM/Erwin Wodicka

A new EU directive on facilitating the cross-border distribution of funds is expected to come into effect on August 2.

The first proposal came in 2019 and the new directive updates the current legislation related to UCITS-funds and alternative investment funds (AIF).

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