UCITS management company

(1) (except in relation to MiFID business) 20a firm which is either:

1. (a) a UCITS firm; or
1. (b) a UCITS investment firm.7

(2) (in relation to MiFID business) a management company 43 as defined in the UCITS Directive.20

[Note: article 4(1)(28)72 of MiFID]20