ucits
as defined in Directive 2009/65/EC of the European Parliament and of the Council of 13 July…, Article 1(2)
an undertaking: (a) with the sole object of collective investment in transferable securities or in other liquid financial assets referred to in Article 50(1) of capital raised from the public and which operate on the principle of risk-spreading; and (b) with units which are, at the request of holders, repurchased or redeemed, directly or indirectly, out of those undertakings’ assets. Action taken by a UCITS to ensure that the stock exchange value of its units does not significantly vary from their net asset value shall be regarded as equivalent to such repurchase or redemption.
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Also defined in
- Regulation (EU) 2024/1624 of the European Parliament and of the Council of 31 May 2024 on the prevention of the use of… 32024R1624, a2.c1.p6.le.ri
undertaking for collective investment in transferable securities - Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related… 32019R2088, Article 2, point (15)
an undertaking authorised in accordance with Article 5 of Directive 2009/65/EC; - Regulation (EU) 2019/1156 of the European Parliament and of the Council of 20 June 2019 on facilitating cross-border… 32019R1156, Article 3, point (g)
a UCITS authorised in accordance with Article 5 of Directive 2009/65/EC - Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast) 32015R0848, Article 2, point (2)
undertakings for collective investment in transferable securities - CRR 32013R0575, Article 4(1), point (7)
undertakings for collective investment in transferable securities - Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund… 32011L0061, Article 4(1), point (ao)
an undertaking for collective investment in transferable securities authorised in accordance with Article 5 of Directive 2009/65/EC. - Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of… 32004L0109, Article 2(1), point (m)
undertakings for collective investment in transferable securities - Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments… 32004L0039, Article 4(1), point (24)
undertakings for collective investment in transferable securities - Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision… 32002L0087, Article 2, point (5)
undertakings for collective investment in transferable securities