Investment funds

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The PLAC II project has provided assistance to the Ministry of Finance, Securities Commission and of the Central Securities Depository and Clearing House PLAC  II  in preparing draft  amendments  to  existing  or  drafts  of  new legal  acts  in  the  area  of investment services. The support also included provision of relevant information  regarding  the  correlation  between  Regulation  on  European  Venture  Capital  Funds  and  Regulation  on  European  Social  Entrepreneurship  Funds with Directive on Alternative Investment Fund Managers (AIFM).

The workshop “Investment funds” was organised  for  the  representatives  of  the  beneficiary institutions  involved in  harmonisation  of  the  existing  national  legislation  in  the  field  of  investment funds with the respective EU acquis on 22nd June.

During this one‐day workshop PLAC II project expert Professor Dr. Christos Gortsos presented the object and content of EU acquis in the field of undertakings  for  collective  investment  in  transferable  securities  (UCITS),   Alternative  Investment  Fund  Managers  and Venture Capital and main differences among these types of investment funds. His presentation was complemented by examples of best practice examples for the implementation of EU acquis, as well as challenges related to the implementation of the UCITS V and the AIFM Directives in Serbia.