Investor protection: Towards additional EU regulation of investment funds?

Wegman, H.E. (2016)

Doctoral Thesis

The expansion of the fund industry has been one of the most notable trends in the financial markets of recent years. Not only has the demand for funds among EU investors grown, but both the number and types of investment funds also continue to increase. Since investment funds available in the EU can be established both inside and outside the EU, they may be subject to different investor protection regulations, depending on where the fund is located. Accordingly, different levels of investor protection may exist between investors investing in EU funds and investors investing in non-EU funds, including US funds. This book investigates whether there is a level playing field between EU investors investing in EU funds and EU investors investing in US funds and if not, if there is a legal basis in current EU law for the EU regulator to adopt additional investor protection rules applying to investment funds. The analysis considers the basic characteristics of investment funds, how they function in practice, and how they are regulated relating to investor protection issues.

• Investment funds
• AIFM
• CITSAIF
• Investor protection
• Transparency
• Depositary
• UCITS
• AIF

• All authors: Wegman, H.E.
• Supervisor: Raas, R.P.
• Qualification: Doctor (dr.)
• Awarding Institution: Privaatrecht, Faculteit der Rechtsgeleerdheid, Leiden University
• Date: 2016-02-23
• Sponsorship: Hazelhoff Centre for Financial Law en het Leids Universiteits Fonds (LUF).