2010L0044 - Summary

▼C1 COMMISSION DIRECTIVE 2010/44/EU ▼B of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards certain provisions concerning fund mergers, master-feeder structures and notification procedure (Text with EEA relevance)

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🇫🇷 French Version: 2010L0044_FR.0. Open the PDF. Direct link to EUR-LEX.

CHAPTER I - GENERAL

Article 1 - Subject matter
Article 2 - Definitions

CHAPTER II - UCITS MERGERS

SECTION 1 - Content of the merger information

Article 3 - General rules regarding the content of information to be provided to unit-holders
Article 4 - Specific rules regarding the content of information to be provided to unit-holders
Article 5 - Key investor information
Article 6 - New unit-holders

SECTION 2 - Method of providing the information

Article 7 - Method of providing the information to unit-holders

CHAPTER III - MASTER-FEEDER STRUCTURES

SECTION 1 - Agreement and internal conduct of business rules between feeder UCITS and master UCITS

Subsection 1 - Content of the agreement between master UCITS and feeder UCITS

Article 8 - Access to information
Article 9 - Basis of investment and divestment by the feeder UCITS
Article 10 - Standard dealing arrangements
Article 11 - Events affecting dealing arrangements
Article 12 - Standard arrangements for the audit report
Article 13 - Changes to standing arrangements
Article 14 - Choice of the applicable law

Subsection 2 - Content of the internal conduct of business rules

Article 15 - Conflicts of interest
Article 16 - Basis of investment and divestment by the feeder UCITS
Article 17 - Standard dealing arrangements
Article 18 - Events affecting dealing arrangements
Article 19 - Standard arrangements for the audit report

SECTION 2 - Liquidation, merger or division of the master UCITS

Subsection 1 - Procedures in the event of a liquidation

Article 20 - Application for approval
Article 21 - Approval

Subsection 2 - Procedures in the event of a merger or division

Article 22 - Application for approval
Article 23 - Approval

SECTION 3 - Depositaries and auditors

Subsection 1 - Depositaries

Article 24 - Content of the information-sharing agreement between depositaries
Article 25 - Choice of the applicable law
Article 26 - Reporting of irregularities by the depositary of the master UCITS

Subsection 2 - Auditors

Article 27 - Information-sharing agreement between auditors
Article 28 - Choice of the applicable law

SECTION 4 - Manner of providing the information to unit-holders

Article 29 - Manner of providing the information to unit-holders

CHAPTER IV - NOTIFICATION PROCEDURE

Article 30 - Scope of the information to be made accessible by Member States in accordance with Article 91(3) of Directive 2009/65/EC
Article 31 - UCITS host Member State’s access to documents
Article 32 - Updates of documents
Article 33 - Development of common data processing systems

CHAPTER V - FINAL PROVISIONS

Article 34 - Transposition
Article 35 - Entry into force
Article 36 - Addressees