UCITS today represent a major share of European funds. In its first part, this book is summarizing the evolution and features of the successive sets of European regulation of UCITS funds. It also covers the UCITS eligible assets, the key parties involved in UCITS funds operations, their reporting and information requirements, taxation and many other useful related subjects, to give a short but useful understanding of the UCITS world. The second part reproduces the CESR's guidelines, punctuated with comments and prerequisites of quantitative finance, to help for a better understanding of the content and significance of this UCITS IV objective.
