Forty years have passed since the approval of the UCITS Directive, a European regulation that transformed the investment fund industry and investor protection. To mark the occasion, Cecabank organised a commemorative event reflecting on the evolution of collective investment in Spain. Representatives from the Ministry of Economy, Trade and Enterprise, the CNMV and INVERCO, together with experts from leading management companies and distributors, analysed the progress made and the challenges facing collective investment. Cecabank, as the leading depositary bank in the Iberian market and a neutral and independent institution, plays a key role in the UCITS ecosystem, avoiding conflicts of interest and reinforcing investor confidence. By organising this event, the institution reaffirms its commitment to the collective investment industry, promoting new activities such as securities lending to generate added value and support management companies in their ongoing development.
