OECE White paper on Governance of Collective Investment schemes

Collective Investment Schemes (CIS) have been one of the most significant developments in financial intermediation during the past few decades. OECD data indicate that CIS assets have been rising sharply as a share of national income and a share of financial assets in most Member countries. Published in Financial Market Trends, this White Paper is being made public in order to contribute to the current debate on improving governance of CIS.