2 Amendments of Sharon BOWLES related to 2008/0153(COD)
Amendment 162 #
Proposal for a directive
Article 15 - paragraph 2 a (new)
Article 15 - paragraph 2 a (new)
2a. Management companies shall ensure appropriate mechanisms to deal with complaints of investors located in other jurisdictions. The minimum shall be an address for service of documents and complaints with appropriate forwarding arrangements. Such documents and complaints may be in the investor's own language. Local supervisors shall not demand the presence of a legal person or local representation.
Amendment 333 #
Proposal for a directive
Article 88 – paragraph 3 – subparagraph 2
Article 88 – paragraph 3 – subparagraph 2
The competent authorities of the UCITS home Member State shall transmit the complete documentation referred to in paragraphs 1 and 2 to the competent authorities of the Member State in which the UCITS proposes to market its units, no later that one monthn three working days after the date of receipt of the notification letter. They shall enclose to the documentation an attestation that the UCITS fulfils the conditions imposed by this Directive.