Article 14Recording of portfolio transactions
1.Member States shall require management companies to ensure, for each portfolio transaction relating to UCITS, that a record of information which is sufficient to reconstruct the details of the order and the executed transaction is produced without delay.
2.The record referred to in paragraph 1 shall include:
(a)the name or other designation of the UCITS and of the person acting on account of the UCITS;
(b)the details necessary to identify the instrument in question;
(c)the quantity;
(d)the type of the order or transaction;
(e)the price;
(f)for orders, the date and exact time of the transmission of the order and name or other designation of the person to whom the order was transmitted, or for transactions, the date and exact time of the decision to deal and execution of the transaction;
(g)the name of the person transmitting the order or executing the transaction;
(h)where applicable, the reasons for the revocation of an order;
(i)for executed transactions, the counterparty and execution venue identification.
For the purposes of point (i) of the first subparagraph, an ‘execution venue’ shall mean a regulated market as referred to under Article 4(1)(14) of Directive 2004/39/EC, a multilateral trading facility as referred to in Article 4(1)(15) of that Directive, a systematic internaliser as referred to in Article 4(1)(7) of that Directive, or a market maker or other liquidity provider or an entity that performs a similar function in a third country to the functions performed by any of the foregoing.