UCITS meaning in Business ?
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Answer: What is Undertakings for Collective Investment in Transferable Securities mean?
The Undertakings for Collective Investment in Transferable Securities Directive 2009/65/EC is a consolidated EU directive that allows collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from one member state. EU member states are entitled to have additional regulatory requirements for the benefit of investors.
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