Various statements have shown the undertaking for collective investment in transferable securities which is abbreviated as UCITS fund distribution. However, much work needs to be done in order to pre-determine whether the extension of the passports needs to be done or not. Making them aware on the procedure how the AIFMD private placement is working and figuring out the details, it would work with the other non-European country hence, expecting for a better regime placements after the specific period of time.

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