Examples of UCITS Regulations in a sentence
The ICAV may issue shares as fully paid up in accordance with the Instrument, the requirements of the Central Bank, the Central Bank Regulations, the UCITS Regulations and the Act.
As the Manager has delegated the investment management of the Funds to the Investment Manager, the Manager will ensure that the Investment Manager applies in a proportionate manner the remuneration rules as detailed in the UCITS Regulations or, alternatively, that the Investment Manager is subject to equally effective remuneration requirements in Switzerland.
Under the UCITS Regulations, “uncovered” positions in derivatives are not permitted.
In the event of a loss of a financial instrument held in custody, determined in accordance with the UCITS Regulations, the Depositary shall return financial instruments of identical type or the corresponding amount to the Company without undue delay.
The Depositary is obliged to enquire into the conduct of the Company in each financial year and to report thereon to the Shareholders whether, in the Depositary’s opinion, the Company and each Sub-Fund have been managed in that period in accordance with the limitations imposed on the investment and borrowing powers of the Company and each Sub-Fund and the Depositary by the UCITS Regulations and the Articles and otherwise in accordance with the UCITS Regulations and the Articles.