UK implementation of UCITS V | Practical Law

UK implementation of UCITS V | Practical Law

This note provides an overview of the UK’s approach to transposing and implementing the UCITS V Directive (2014/91/EU) (or UCITS 5), which amended the UCITS Directive (2009/65/EC) and introduced changes relating to the depositary function, manager remuneration and sanctions.

UK implementation of UCITS V

Practical Law UK Practice Note 1-618-5879 (Approx. 18 pages)

UK implementation of UCITS V

by Practical Law Financial Services
Law stated as at 31 Dec 2020 • European Union, United Kingdom
This note provides an overview of the UK’s approach to transposing and implementing the UCITS V Directive (2014/91/EU) (or UCITS 5), which amended the UCITS Directive (2009/65/EC) and introduced changes relating to the depositary function, manager remuneration and sanctions.
For an overview of how the regime for UK UCITS and their managers functions in the UK since the end of the Brexit transition period, see Practice note, UK regime for UCITS.