Financial Services Tax & Regulatory

Update of the Royal Decree on institutional undertakings for collective investments with variable capital that invest in financial instruments and liquidity

17 May 2017

In a nutshell The Ministry of Finance has published a draft Royal Decree (the Draft royal decree) to update the Royal Decree of 7 December 2007 (the Royal Decree of 2007) on the institutional undertakings for collective investment (UCIs) with variable capital that have the sole purpose of collective investment in financial instruments and liquidity.