Investment Services Act definition
Examples of Investment Services Act in a sentence
Firms recognized by the Malta Financial Services Authority to provide fund administration services in terms of Section 9A of the Investment Services Act.
The Securities Market and Investment Services Act (hereinafter “LMVSI”), in its Article 218 establishes that investment companies, when executing customer orders, must adopt the adequate measures to obtain the best possible result for their customers, and must have an order execution policy.
The Investor Compensation Scheme covers 90% of a firm’s net liability to an investor in respect of investments which qualify for compensation under the Investment Services Act subject to a maximum payment to any one person of €20,000.
The “MiCo” confirms that the conclusion and performance of this Agreement does not violate the Capital Markets and Financial Investment Services Act and other laws and regulations applicable to the “MiCo” prohibiting the use of undisclosed information and confirms that there are no such concerns.
The depositary shall also be liable to the UCITS, and to the investors of the UCITS, for all other losses suffered by them as a result of the depositary’s negligent or intentional failure to properly fulfil its obligations pursuant to the provisions of the Investment Services Act, the Regulations and the applicable Investment Services Rules.
Firms recognized by the Malta Financial Services Authority to provide fund administration services in terms of Section 9A of the Investment Services Act .
The Depositary is responsible for verifying the calculation of any performance fee in terms of the Investment Services Act (Performance Fees) Regulations, if any, and ensuring that such performance fee is payable in accordance with the relevant provisions of the same Regulations.
The depositary shall not delegate to third parties the functions referred to in regulations 19 and 20 of the Investment Services Act (Custodians of Collective Investment Schemes) Regulations (“the Regulations”).
The Borrower is: A Category X Investment Services Licence Holder issued under the Investment Services Act, and is required to maintain financial/capital resources to meet the provisions of its investment services licence as they apply to the Borrower and /or pursuant to the Capital Requirements Regulation (EU) No. 575/2013 (the “CRR”) and the Capital Requirements Directive 2013/36/EU (the “CRD”).
XNT is licensed by the Malta Financial Services Authority (the “MFSA”) under the Investment Services Act (Chapter 370 of the Laws of Malta).