UCITS V Directive definition

UCITS V Directive means the Undertakings for Collective Investment in Transferable Securities Directive 2014/91/EU.
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UCITS V Directive means Directive 2014/91/EU, amending the UCITS Directive as
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UCITS V Directive. Means Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions;
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Examples of UCITS V Directive in a sentence

  • Under the UCITS V Directive, the Manager is required to disclose information relating to the remuneration paid to its staff for the financial year, split into fixed and variable remuneration.

  • In the event of any potential conflict of interest which may arise during the normal course of business, the Depositary will at all times have regard to its obligations under applicable laws including Article 25 of the UCITS V Directive.

  • Description of the responsibilities of the Depositary and potential conflicts of interestThe Depositary carries out three types of responsibilities: checking the legality of the decisions of the management company (as defined in Article 22(3) of the UCITS V Directive), monitoring the UCITS cash flow (as defined in Article 22(4)) and holding UCITS assets (as defined in Article 22(5)).The main objective of the Depositary is to protect the interests of unitholders/investors in the UCITS.

  • References hereinafter to the “Directive” shall include the UCITS V Directive as supplemented by the UCITS V Regulations and as incorporated into English law by the UK Implementing Legislation, and any other implementing legislation on an EU or UK level.

  • Remuneration St. James’s Place Unit Trust Group Limited (“SJPUTG”), an authorised UCITS manager, is subject to the UCITS V Remuneration Code under the UCITS V Directive (2014/91/EU), which requires the Fund Manager to disclose information relating to the remuneration paid to its staff.

  • The policy was last updated in February 2019, to reflect the additional requirements of the "UCITS V" Directive.

  • In establishing this policy, the Board of Directors takes into account all elements pertaining to the Management Company’s strategy, the risk-taking strategy, and the nature, scale and complexity of the Company’s activities.Pursuant the introduction of UCITS V Directive paragraph 13, amending article 69 paragraph 1 of UCITS IV Directive, and the Law of 2016, art.

  • Given the framework of Depositary liability under UCITS V Directive 2014/91/EU, these Non-Custody Assets, from a safekeeping perspective, expose the Sub-Fund to a greater degree of risk than Custody Assets, such as publicly traded equities and bonds.

  • Description of the responsibilities of the Depositary and potential conflicts of interestThe Depositary carries out three types of responsibilities: checking the legality of the decisions of the Management Company (as defined in Article 22(3) of the UCITS V Directive), monitoring the UCITS cash flow (as defined in Article 22(4)) and holding UCITS assets (as defined in Article 22(5)).The main objective of the Depositary is to protect the interests of unitholders/investors in the UCITS.

  • Under the UCITS V Directive, the Manager is required to disclose information relating to the remuneration paid to its staff for the financial year, split into fixed and variable remuneration.RisksThe price of units and the revenue from them can go down as well as up and investors may not get back the amount they invested, particularly in the case of early withdrawal.


More Definitions of UCITS V Directive

UCITS V Directive means Directive 2014/91/EU of the European Parliament and of the Council; “UK” means the United Kingdom of Great Britain and Northern Ireland;
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UCITS V Directive means Directive 2014/91/EU of the European Parliament and of the Council. All other stated defined terms used in this Remuneration Policy shall have the same meaning as in the Business Plan.In relation to various aspects of this Remuneration Policy where there is any perceived ambiguity or lack of clarity in the Applicable UCITS Regulation and/or the Guidelines, the Fund will have regard to any published guidance on the relevant point by the Central Bank or ESMA or in the absence of any such published guidance that of any other EU national competent authority, if appropriate.In the absence of such additional supporting guidance in relevant instances regard may also be had to any guidance published by any of the relevant regulatory bodies in the context of AIFMD remuneration requirements, to the extent it provides guidance on corresponding elements to the UCITS requirements being considered.The Fund has reviewed and understands all regulatory requirements applicable to its Remuneration Policy set out in the Applicable UCITS Regulation and has addressed these requirements in this Remuneration Policy and/or materials referenced herein.
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UCITS V Directive means Directive 2014/91/EU, amending the UCITS Directive asamended, supplemented, consolidated or otherwise modified from time to time;
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UCITS V Directive means Directive 2014/91/EU of the European Parliament and of the Council.
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UCITS V Directive means the UCITS Directive as amended by Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014;
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Related to UCITS V Directive

  • UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended;

  • CRD IV Directive means Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as the same may be amended or replaced from time to time.

  • Waste Framework Directive or “WFD” means Waste Framework Directive 2008/98/EC of the European Parliament and of the Council on waste

  • Industrial Emissions Directive means DIRECTIVE 2010/75/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 November 2010 on industrial emissions

  • Administrative Safeguards are administrative actions, and policies and procedures, to manage the selection, development, implementation, and maintenance of security measures to protect electronic PHI and to manage the conduct of Contractor’s workforce in relation to the protection of that information.

  • the Directive means Council Directive 2003/4/EC(d) on public access to environmental information and repealing Council Directive 90/313/EEC;

  • Directive means EC Council Directive 2001/23/EC

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;