UCITS Directive definition

UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended;

UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) recast, including the associated implementing measures contained in Directive 2010/43/EU and Directive 2010/44/EU, and as amended by Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014, and as may be further amended from time to time;

UCITS Directive means Directive 2009/65/EC of the European Parliament and of the

Examples of UCITS Directive in a sentence

• The Management Company shall seek to ensure that such remuneration policies and practices will be consistent with sound and effective risk management and shall not encourage risk-taking inconsistent with the risk profile and constitutional documents of the UCITS and shall ensure that its actions shall comply with the UCITS Act and the ESMA Guidelines on sound remuneration policies under the UCITS Directive (ESMA/2016/575).

• Such common rules replace the existing provisions in CRR, Solvency II, Solvency II Regulation and the AIFMR and introduce similar rules for UCITS management companies regulated by the UCITS Directive, institutions for occupational retirement provisions falling within the scope of the IORP Directive or an investment manager or an authorised entity appointed by an institution for occupational retirement provisions pursuant to article 32 of the IORP Directive.

• The requirement means that the Fund Manager, in connection with the time of evaluation of the application to enter into a fund agreement, shall have been licensed to engage in fund activities and have managed one or more funds covered by the UCITS Directive during a consecutive period of at least three (3) years.

• The establishment of a specialized management company is required to perform the activities of management of unit trusts and investment companies (Articles 6 and 13 of UCITS Directive, 85/611/EEC).

• The Fund is an undertaking for collective investment in transferable securities (a "UCITS") for the purpose of Directive 2009/65/EC of the European Parliament and Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended (the "UCITS Directive") The Fund is an unincorporated co-ownership of securities and other eligible assets.

More Definitions of UCITS Directive

UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities as amended by Directive 2014/911/EU of the European Parliament and of the Council of 23 July 2014 amending Directives 2009/65/EC on the coordination of laws, regulations and administrative provisions relating or undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions and as may be further amended from time to time;

UCITS Directive means Directive 2009/65/EC of the European Parliament and of theCouncil of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS), as such may be amended, supplemented or replaced from time to time;

UCITS Directive means the Directive 2009/65/EC of the Council and the European

UCITS Directive means Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions;

UCITS Directive means EC Council Directive 2009/65/EC of July 13, 2009 as amended by way of EC Council Directive 2014/91/EU, as may be amended, consolidated or substituted from time to time.

UCITS Directive means Directive 2009/65/EC on the co-ordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as amended by Directive 2014/91/EU

UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council as amended by Directive 2014/91/EU of the European Parliament and of the Council and as may be further amended from time to time.