The Cross Border Distribution of Funds (CBDF) regime introduced major changes to the marketing of funds in Europe. These changes aim to reduce the regulatory barriers associated with selling and distributing investment funds across different jurisdictions in Europe.

For fund managers, one of the key, and perhaps most beneficial changes, was the removal of the need for UCITS funds to have a physical presence in the host Member State for the purpose of making facilities available to local investors.

Although fund managers can benefit from the removal of a physical presence, the CBDF still imposes a number of stringent requirements that must be met regarding marketing communications and the publication of regulatory information. Therefore, the need to comply with CBDF, and transition from the traditional paying agent structure can present a number of challenges for fund managers including the lack of CBDF information readily available and necessary processes in place for efficient cross-border distribution.

FE fundinfo builds on over 15 years of experience delivering facilities services in the UK, with in-depth knowledge and understanding of CBDF requirements. Our European Facilities Service removes the “agent” confusion and effort involved in complying with EU legislation, all through a single solution.