Translate the following English sentence to French:
"Furthermore the proposal put forward by Mr Crowley would require a change of the ISD which at present - as I am sure he already knows - does not cover collective management business."
En outre, la proposition de M. Crowley nécessiterait une modification de la directive sur les services d' investissement laquelle - je suis sûr que M. Crowley le sait déjà - ne couvre pas pour le moment les opérations de gestion collective.