The Undertakings for Collective Investment in Transferable Securities (UCITS) Directive, a cornerstone of the European Union’s financial framework since its adoption in 1985, continues to evolve to meet new market challenges and protect investors. In a recently published article, Caroline Franconin, strategic analyst, public affairs, securities services at BNP Paribas, highlights that the UCITS directive’s ongoing evolution has solidified its reputation as a provider of robust, well-regulated investment products.

The UCITS directive remains a key pillar of the EU’s Capital Markets Union strategy, supporting retail investors and fostering trust in financial markets. The directive harmonises rules for investment funds across the EU, imposing strict requirements on liquidity, eligibility criteria, and investment limits to ensure a high level of regulatory oversight.