| 单词 | undertakings_for_collective_investments_in_transferable_securities_v |
| 释义 | Undertakings for Collective Investments in Transferable Securities V (UCITS V) The initial draft directive was released in 2012 and UCITS V was adopted by the European Parliament and Council in February 2014. There are three key elements in this proposal: (1) A new depositary regime which includes a clarification of the depositaries‟ duties, responsibilities and liabilities and a set of the rules under which responsibilities, such as sub-custodian roles) can be delegated. (2) Rules governing remuneration of fund managers including bonus caps. (3) A sanctions regime. |
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