Status: You are viewing the version of the handbook as on 2018-12-09.

UCITS investment firm

    a firm which:

      1. (a) is a management company (whether or not it is also the manager of AIFs or the operator56 of other collective investment schemes); and
      1. (b) has a Part 4A permission (or an equivalent permission from its Home State regulator) to manage investments where:
        1. (i) the investments managed include one or more of the instruments listed in Section C of Annex 1 to MiFID; and
        1. (ii) the permission extends to activities permitted by article 6(3) of the UCITS Directive as well as those permitted by article 6(2).