26 Feb 2021

On 25 February the European Court of Auditors (ECA) launched an audit to assess the EU’s progress in creating a single market for investment funds.  The audit will examine whether the evolving set of rules is fit for purpose and whether the EU has promoted common supervisory practices among Member States and effectively mitigated risk to investors, markets and financial stability. It will cover all investment funds (UCITS and AIFs). The report is expected to be released in Q1 2022.



Jacqui Bungay

Jacqui Bungay

AREF Policy Secretariat , AREF

Jacqui provides policy guidance and secretariat services to the AREF Board and AREF Management Committee as well as the following AREF Committees: Corporate Governance, ESG & Impact Investing, Investor, Public Affairs, Research and Information and Retails Funds. In addition, Jacqui monitors members’ compliance with AREF’s Code of Practice. 

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration at Natwest Trustee & Depositary Services.