Cross-border distribution of investment funds

Published 12.06.2019

State of play:  on 12 July 2019, the Regulation and the Directive were published in the Official Journal (L 188/55)

Level 1

Commission

  • 12 March 2018, the Commission published a proposal on the cross-border distribution of investment funds.

Council

  • 15 June 2018, the Council agreed on a general approach on the cross-border distribution of investment funds and approved the negotiations mandate.
  • 20 June 2019, the Council formally adopted the texts.

Parliament

  • 18 September 2018, the ECON Committee published a draft report on the regulation on CBDF.
  • 2 October 2018, the ECON Committee published a draft report on the directive on CBDF.
  • 25 October 2018, the ECON Committee published the amendments tabled on the proposal for a regulation and the amendments tabled on the proposal for a directive.
  • 6 December 2018, the ECON Committee voted on the report for the CBDF regulation and on the report for the CBDF directive.

Trilogue negotiations

  • 5 February 2019, the Parliament and the Council reached an agreement on CBDF.
  • 4 March 2019, the ECON Committee confirms the agreement.
  • 16 April 2019, the Parliament adopted the trilogue agreement in plenary.

Level 2

  • 24 March 2017, the Commission published a report on barriers to capital flow

Level 3

  • 31 March 2020, ESMA launched a consultation on the standard forms, templates, and procedures that national competent authorities (NCAs) should use to publish information on their websites to facilitate cross-border distribution of funds.
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Contact

Association des Banques et Banquiers, Luxembourg

Address

12, Rue Erasme L-1468 Luxembourg

Phone Fax
Opening hours

Monday to Friday from 8:00 to 17:30.