CETREL, KNEIP Offer Platform For Ucits Rules

CETREL Securities and KNEIP have launched a new platform for the management of fund registration and notification.

CETREL Securities and KNEIP have launched a new platform for the management of fund registration and notification, Global Fund Wire reports. The Ucits IV regulation has introduced a new regulation, which includes new fund registration and notification procedures to facilitate cross-border fund distribution. The solution will provide a streamlined regulator-to-regulator procedure and greater visibility into the notification process to asset managers and promoters. The feature will be effective in June 2011.

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