Sector Regulation Sector Regulation

EU investment fund single market is non-existent, auditors find

By Fiona Maxwell
  • 21 Feb 2022 10:30
  • 18 Feb 2022 09:06
The EU’s aim to harmonize investment fund activity across the bloc has largely failed, auditors said in a scathing report today.

The European Court of Auditors blamed “persistent weaknesses” that restrict investors’ ability to compare funds across the EU and found that true cross-border investment activity remains rare. 

The European

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