Earlier this year
HM Treasury published a
consultation paper containing proposals for the introduction of a protected cell regime for open-ended investment companies (OEICs). The
Law Society has published its
response, in which it states:
We welcome the Government’s intention to proceed to implement a protected cell regime for OEICs. We are, however, disappointed with the way in which the Government proposes to implement its proposal. We believe that the proposals are flawed and will create uncertainty".
No comments:
Post a Comment