The Undertakings for Collective Investment in Transferable Securities Regulations 2011

  1. Introductory Text

  2. PART 1 Citation and Commencement

    1. 1.These Regulations may be cited as the Undertakings for Collective...

  3. PART 2 Amendments to the Financial Services and Markets Act 2000

    1. 2.Amendment of the Financial Services and Markets Act 2000

  4. PART 3 Amendments to secondary legislation

    1. 3.Amendment of the Open-Ended Investment Companies Regulations 2001

    2. 4.Amendment of the Financial Services and Markets Act 2000 (Compensation Scheme: Electing Participants) Regulations 2001

    3. 5.Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

    4. 6.Amendment of the Financial Services and Markets Act 2000 (Collective Investment Schemes Constituted in other EEA States) Regulations 2001

  5. PART 4 MERGERS

    1. 7.Interpretation

    2. 8.(1) This Part applies to any reconstruction or amalgamation which...

    3. 9.Application for authorisation

    4. 10.Modification of information

    5. 11.Report by depositary or auditor

    6. 12.Right of redemption

    7. 13.Consequences of a merger

    8. 14.Publication of a merger

  6. PART 5 DIVISIONS

    1. 15.Division of a master UCITS

  7. PART 5A DEPOSITARIES

    1. 15A.Interpretation

    2. 15B.Depositary liability: general provisions

    3. 15C.Depositary liability for loss of financial instruments held in custody

    4. 15D.Depositary liability for other losses

  8. PART 5B REQUIREMENTS ON THE FINANCIAL CONDUCT AUTHORITY

    1. 15E.Interpretation

    2. 15F.FCA requirement to share depositary information

    3. 15G.FCA’s ability to refuse to act on requests for information

    4. 15H.Reporting of infringements

    5. 15I.Disclosure of information regarding penalties

  9. PART 6 CONSEQUENTIAL AMENDMENTS AND REVIEW

    1. 16.Consequential amendments

    2. 17.Review

  10. PART 7

    1. 18.Transfer of UCITS directive functions

  11. Signature

    1. Schedule 1

      CONSEQUENTIAL AMENDMENTS

      1. 1.The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

      2. 2.The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001

      3. 3.The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002

      4. 4.The Reporting of Savings Income Information Regulations 2003

      5. 5.The Financial Conglomerates and Other Financial Groups Regulations 2004

      6. 6.The Montserrat Reporting of Savings Income Information Order 2005

      7. 7.The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

      8. 8.The Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 2009

    2. SCHEDULE 2

      Directive functions transferred to the Authority

      1. 1.The purposes mentioned in regulation 18 are as follows.

      2. 2.To specify the information to be provided to the Authority...

      3. 3.To specify— (a) the information to be provided to the...

      4. 5.To determine standard forms, templates and procedures for the notification...

      5. 6.To specify the information to be provided to the Authority...

      6. 7.To establish standard forms, templates and procedures for the provision...

      7. 8.To specify the provisions concerning the content of the prospectus,...

      8. 9.To specify the conditions which need to be met by...

  13. Explanatory Note