Database on German and European Economic Law

 Recommendation 2004/384/EC

I. Description

In order to enhance effective investor information, provisions concerning the simplified prospectus were introduced in Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations, and administrative provisions relating to undertakings for collective investments in transferable securities (UCITS) by Directive 2001/107/EC of the European Parliament and of the Council. The simplified prospectus is designed to provide clear information about the essentials the investor should know before investing in a fund, and be easily understood by the average retail investor. The simplified prospectus is also designed to facilitate the cross-border marketing of units of UCITS, and be used as a single marketing  tool throughout the Community. Those provisions themselves stress that host Member States are not permitted to ask for any additions or  modifications except translation.

II. General Information

Title

Commission Recommendation 2004/384/EC of 27 April 2004 on some contents of the simplified prospectus as provided for in Schedule C of Annex I to Council Directive 85/611/EEC

Abbreviations
Recommendation UCITS
Status
Existing
Recommendation
2004/384/EC
Source
O.J. EC No L (Legislation), Edition 144, Year 2004, p.45 - 59
Adoption
04/27/2004
Promulgation
04/30/2004
Character
Regular Act
Legal Basis
Art. 211 Gedankenstr. 2 EC
Legislative Procedure
Codecision procedure

III. Versions and Legislative History

1. Versions

Titel
Allg. Daten
Textfassung

Original Text Recommendation UCITS:
Commission Recommendation 2004/384/EC of 27 April 2004 on some contents of the simplified prospectus as provided for in Schedule C of Annex I to Council Directive 85/611/EEC

  2004/384/EC

Beschluss:
04/27/2004 (A)
Verkuendung:
04/30/2004 (P)
(A) Adoption | (P) Promulgation

2. Legal Impact

Auswirkungstyp
Richtlinie
Textfassungen
Supplement
  Directive 2001/108/EC
Supplement
  Directive 2001/107/EC
Supplement
  Directive 85/611/EEC

Legend

Legislative Act Status

Documents

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Overview

I. Description
II. General Information
III. Versions and Legislative History
1. Versions
2. Legal Impact