Ratings needed for non-financial risks in European Union funds management industry

Risky business

academic-balance

Recent research carried out by Edhec-Risk Institute looked at some of the weaknesses in the European fund management industry.

This found the Ucits directive fails to make adequate allowances for the operational consequences of financial innovation and that non-financial risk has increased, with regulations contributing to this rise.

The research also found that the determination to harmonise the depositary liability regime has not yet been fully transposed into regulation and should not mask the

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: