Examples of FCA Rules in a sentence
The powers, duties, rights and obligations of the Depositary, the Company and the ACD under the Depositary Agreement shall, to the extent of any conflict, be overridden by the FCA Rules.
FCA Rules require that the ACD applies remuneration policies and practices that are consistent with, and promote, effective risk management for certain categories of staff (namely those whose activities have a material impact on the risk profile of the ACD or the UCITS funds that it manages ("Code Staff").
If there is any conflict between these terms and the FCA Rules, the FCA Rules prevail.
In accordance with the FCA Rules, the Manager, when executing orders or placing orders with other entities in relation to financial instruments for execution on behalf of the funds, must not accept and retain any fees, commission or monetary benefits from a third party (‘Third Party Payments’).
The ACD shall determine the value of the Merging Fund based on the value as at 12 noon on Friday 6 October 2023, in accordance with the Instrument of Incorporation and the FCA Rules, and shall then deduct the Retained Amount.