Examples of Regulated Collective Investment Scheme in a sentence
TBFS is a Regulated Collective Investment Scheme Manager and is authorised and regulated by the Financial Conduct Authority.
In respect of any transactions we effect on your behalf in units in a Regulated Collective Investment Scheme, you should note that (without prejudice to Clause 25 (Termination)) you will not have the right to cancel any such transaction under the FCA Cancellation Rules.
This limitation does not apply to any transaction for the firm’s own account or for the account of an associate as long as those transactions: - are not with a client; and- are carried out through an authorised Investment Business Firm (c) speculative foreign exchange dealings (d) acting in any way with a view to stabilising the market price of any Investment; (e) establishing, operating or acting as a Trustee of an Authorised Unit Trust Scheme or other Regulated Collective Investment Scheme.
Where Waverton invests on the Client’s behalf in shares or units in a Regulated Collective Investment Scheme (as defined in the FCA Rules), the Client will not have the right to cancel such transaction under the FCA Rules.
ASISA Standard on Fund Classification for South African Regulated Collective Investment Scheme Portfolios, 30.10.18.