Home     News    Malta    Careers    Contact Us

   the firm      expertise      people      library      news      malta      careers

 

     
 

UCITS

     

.

Banking Law

 

.

Captive Insurance

 

.

Company Formation

 

.

Corporate Law

 

.

Corporate Management

.

e-Money Institutions

 

.

Funds

 

 

PIFs

 

 

UCITS

 

 

retail funds

 
  taxation  
  officers  
  - redomiciliation  
  - passporting  

.

Investment Services Licences

 

.

Tax Law

 

.

Trusts Law

 
     
     
     
 

The UCITS Directive (Council Directive 85/611/EEC of the 25th December 1985 (as amended), on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) with a view to regulating management companies and simplified prospectuses) is limited in scope to collective investment undertakings which promote the sale of their units to the public in the European Union and whose sole object is the investment in transferable securities (which essentially transferable securities listed on stock exchanges or similar markets.
 

Investment Restrictions

A number of investment restrictions apply to UCITS, including:

1. Permissible investment instruments: investments of a UCITS Scheme must consist solely of any or all of the following instruments:

(a) transferable securities and money market instruments dealt in on a regulated market, which operates regularly and is recognised and open to the public;

(b) recently issued transferable securities which are due to be admitted to listing in the short term;

(c) deposits with credit institutions which are repayable on demand or have the right to be withdrawn, and maturing in no more than 12 months provided that the credit institution is registered in an EU Member State or, is subject to appropriate prudential rules;

(d) financial derivative instruments;

(e) money market instruments, other than those dealt in on a regulated market, where the issue or issuer of such instruments is itself regulated for the purpose of protecting investors and savings. If formed as an investment company, a UCITS Scheme may acquire movable or immovable property essential for its business, and may also hold ancillary liquid assets.

Malta New Legislation transposing the UCITS IV Directive [1/08/2011]

Yellow Pages vs. Neumann - Malta Copyright Protection [01/08/2011]

The Alternative Investment Fund Managers (AIFM) Directive  [13/07/2011]

Chetcuti Cauchi partners to speak at Specialised Investment Funds Conference in Geneva & Luxembourg  [19/04/2011]

Jean-Philippe Chetcuti presents Malta's attractiveness as a tax planning and wealth management jurisdiction at Family Office Forum, London [14/04/2011]

Switzerland & Malta sign Double Tax Agreement  [25/02/2011]

 

 

 

Practice Groups:

Art & Cultural Property

Aviation Law

Commercial Law

Company Law

Corporate Services

Employment & Labour

Financial Services

Lotteries & Gaming

Immigration & Relocation

Insurance

Intellectual Property

Media & Entertainment

Property & Development

Public Service

Shipping & Yachts

Tax

Technology & Telecoms

Trusts & Estates

 

 

 

 

  

Terms of Use      Privacy Policy      Services      Links      Member Login      Malta Law Firm      Client Login      Contact Us

backtop Chetcuti Cauchi Advocates, Malta. All rights reserved.

     Legal Firm in Malta     Award Winning Malta Law Firm      City Wealth Leading Law Firms in Malta     .

Malta Company Formation - Malta Tax Advisors - Malta Law Firm