Open‐ended investment companies

Abstract

Parliament has recently approved Treasury legislation defining the structure of the UK‐based open‐ended investment company (OEIC). This paper reports on the changes made in response to messages received in consultation, especially in the area of corporate governance. It also considers proposals for a deregulation order to give OEICs further investment powers. This was in the consultation phase at the time of going to press.

Citation

Diggle, P. (1997), "Open‐ended investment companies", Journal of Financial Regulation and Compliance, Vol. 5 No. 2, pp. 118-124. https://doi.org/10.1108/eb024917