Examples of UT Code in a sentence
The following table defines the UT Code values provided in the Additional Message Info segment (526-FQ).
In addition to other requirements applicable to funds under Chapter 7 of the UT Code, a feeder fund should comply with the requirements under 7.12 of the UT Code.
Reference should be made to 1.2 of the UT Code and the List of RJS for further details on the concept of RJS.
The UT Code accepts that some schemes already comply with certain provisions of the UT Code by virtue of prior authorization in a regulated jurisdiction.
Schemes that are established outside of Hong Kong are normally expected to comply with the applicable provisions of the Handbook, the UT Code and the Published Guidance in order to be authorized in Hong Kong by the SFC for offering to the public in Hong Kong.
RJS will generally be reviewed on the basis that the scheme’s structural and operational requirements, and core investment restrictions, already comply in substance with the UT Code.
Each counterparty or its guarantors would be a substantial financial institution (as defined in the UT Code).
For an unlisted index fund / passive ETF where the underlying index / benchmark is not tracked by any SFC-authorized unlisted index fund / passive ETF, the applicant should submit supporting information to demonstrate that the relevant index / benchmark fulfils the acceptability criteria under 8.6(e) of the UT Code.
A MMF should fully comply with the requirements under 8.2 of the UT Code.
A UCITS short-term MMF which has complied with the Europe Money Market Funds Regulation18 is deemed to have substantially complied with the investment restrictions under 8.2 of the UT Code.