Examples of UCITS Law in a sentence
The Sub-Fund may invest in (i) other UCITS and other collective investment undertakings comparable to a UCITS in accordance with the UCITS Law, (ii) exchange-listed certificates and structured products (such as Delta One certificates, capital protected notes, etc.), (iii) unlisted securities (up to 10% of the net assets of the Sub-Fund), as well as (iv) financial derivative instruments.
CACEIS Bank, which acts via its Luxembourg branch (CACEIS Bank, Luxembourg Branch), is acting as the Fund’s depository (the “Depository”) in accordance with a depository agreement dated 1 November 2016 as amended from time to time (the “Depository Agreement”) and the corresponding provisions of the UCITS Law and the UCITS regulations.
It has also been authorised to perform banking and central management activities in Luxembourg via its Luxembourg branch.The Custodian has been entrusted with the safekeeping of/keeping of records on assets of the Sub-Funds and assessing ownership and must fulfil the obligations set out in Section I of the UCITS Law.
The Company has received approval from the Luxembourg authorities for registration under Part I of the law of 17 December 2010, as amended, relating to Undertakings for Collective Investment in Transferable Securities (the "UCITS Law") in conformity with Directive 2009/65/EC (the “UCITS Directive”).
The Management Company shall bear the costs of the services provided by the Depositary in the safe custody of the assets, the handling of payment transactions and any other services rendered by the Depositary or any third-party depositary in the performance of their tasks under the UCITS Law.
CACEIS Bank, which acts via its Luxembourg branch (CACEIS Bank, Luxembourg Branch), is acting as the Fund’s custodian (the “Custodian”) in accordance with a custodian agreement dated 1 November 2016 as amended from time to time (the “Custodian Agreement”) and the corresponding provisions of the UCITS Law and the UCITS regulations.
Application of the requirements and remuneration disclosure In accordance with the Article 151 of the UCITS Law, the Management Company is required to disclose at least annually certain information concerning its remuneration policy and the practices for its identified staff.
The following points also need to be stressed: (a)The Cyprus Securities and Exchange Commission has examined the content of this Document (Prospectus and Rules) only in what has to do with investors’ information needs, as they are defined in the UCITS Law and the relevant Directives of the Commission.
It has also been authorised to perform banking and central management activities in Luxembourg via its Luxembourg branch.The Depository has been entrusted with the safekeeping of/keeping of records on assets of the Sub- Funds and assessing ownership and must fulfil the obligations set out in Section I of the UCITS Law.
The Management Company as from January 13, 2018, FundPartner Solutions (Europe) S.A. (hereafter "FPSESA"), has adopted a Remuneration Policy which is in accordance with the principles established by the law of May 10, 2016, amending the law of December 17, 2010 (the "UCITS Law").