UCITS Directive definition

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

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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 the EC Directive on Undertakings for Collective Investment in Transferable Securities, or the statutory equivalent thereof which forms part of UK law by virtue of the EUWA, as applicable;

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).
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.
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.
Supplementing the existing reporting requirements are provisions on investor transparency when entering into a securities financing transaction and total return swap.296 These provisions are closely linked to the AIFMD and the UCITS Directive and requires fund managers to provide pre-contractual and periodical information to investors in relation to the risks associated with the use of 291 Article 4 (1) SFTR.
This does not purport to be a legal interpretation of the Regulations and the corresponding provisions of the UCITS Directive legislation.

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

UCITS Directive means the European Parliament and Council Directive of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investments in transferable securities (UCITS) (No. 2009/65/EC) as amended.