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New version applies from 07/12/2009. 219 provisions change. Later versions: 04/01/2011, 21/07/2011, 20/06/2013, 17/09/2014, 01/01/2019, 07/01/2020, 26/06/2021, 02/08/2021, 01/01/2023, 09/01/2024, 17/01/2025, 16/04/2026.

Undertakings for Collective Investment in Transferable Securities Directive (UCITS)

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17/01/2025 → 16/04/2026: 4 inserted · 0 removed · 33 amended · 0 moved · 1 renamed · 196 unchanged

Position-only shifts inside the same heading are not changes. Amended = the printed text changed.

Preamble

Preamble · 1 unchanged

Preamble

Recitals

Recitals · 95 unchanged

Recital 1 · Recital 2 · Recital 3 · Recital 4 · Recital 5 · Recital 6 · Recital 7 · Recital 8 · Recital 9 · Recital 10 · Recital 11 · Recital 12 · Recital 13 · Recital 14 · Recital 15 · Recital 16 · Recital 17 · Recital 18 · Recital 19 · Recital 20 · Recital 21 · Recital 22 · Recital 23 · Recital 24 · Recital 25 · Recital 26 · Recital 27 · Recital 28 · Recital 29 · Recital 30 · Recital 31 · Recital 32 · Recital 33 · Recital 34 · Recital 35 · Recital 36 · Recital 37 · Recital 38 · Recital 39 · Recital 40 · Recital 41 · Recital 42 · Recital 43 · Recital 44 · Recital 45 · Recital 46 · Recital 47 · Recital 48 · Recital 49 · Recital 50 · Recital 51 · Recital 52 · Recital 53 · Recital 54 · Recital 55 · Recital 56 · Recital 57 · Recital 58 · Recital 59 · Recital 60 · Recital 61 · Recital 62 · Recital 63 · Recital 64 · Recital 65 · Recital 66 · Recital 67 · Recital 68 · Recital 69 · Recital 70 · Recital 71 · Recital 72 · Recital 73 · Recital 74 · Recital 75 · Recital 76 · Recital 77 · Recital 78 · Recital 79 · Recital 80 · Recital 81 · Recital 82 · Recital 83 · Recital 84 · Recital 85 · Recital 86 · Recital 87 · Recital 88 · Recital 89 · Recital 90 · Recital 91 · Recital 92 · Recital 93 · Recital 94 · Recital 95

Chapter I - SUBJECT MATTER, SCOPE AND DEFINITIONS

Chapter I · 3 unchanged

Article 1 · Article 3 · Article 4

Chapter II - AUTHORISATION OF UCITS

Chapter III - OBLIGATIONS REGARDING MANAGEMENT COMPANIES

Chapter III · 11 unchanged

Article 8 · Article 9 · Article 10 · Article 11 · Article 15 · Article 16 · Article 17 · Article 18 · Article 19 · Article 20 · Article 21

Chapter IV - OBLIGATIONS REGARDING THE DEPOSITARY

Chapter IV · 5 unchanged

Article 24 · Article 25 · Article 26 · Article 26a · Article 26b

Chapter V - OBLIGATIONS REGARDING INVESTMENT COMPANIES

Chapter V · 4 unchanged

Article 27 · Article 28 · Article 30 · Article 31

Chapter VI - MERGERS OF UCITS

Chapter VI · 11 unchanged

Article 37 · Article 38 · Article 39 · Article 40 · Article 41 · Article 43 · Article 44 · Article 45 · Article 46 · Article 47 · Article 48

Chapter VII - OBLIGATIONS CONCERNING THE INVESTMENT POLICIES OF UCITS

Chapter VII · 5 unchanged

Article 49 · Article 53 · Article 54 · Article 55 · Article 56

Chapter VIII - MASTER-FEEDER STRUCTURES

Chapter VIII · 10 unchanged

Article 58 · Article 59 · Article 60 · Article 61 · Article 62 · Article 63 · Article 64 · Article 65 · Article 66 · Article 67

Chapter IX - OBLIGATIONS CONCERNING INFORMATION TO BE PROVIDED TO INVESTORS

Chapter IX · 13 unchanged

Article 68 · Article 70 · Article 71 · Article 72 · Article 73 · Article 74 · Article 75 · Article 76 · Article 78 · Article 80 · Article 81 · Article 82 · Article 82b

Chapter X - GENERAL OBLIGATIONS OF UCITS

Chapter X · 7 unchanged

Article 83 · Article 85 · Article 86 · Article 87 · Article 88 · Article 89 · Article 90

Chapter XI - SPECIAL PROVISIONS APPLICABLE TO UCITS WHICH MARKET THEIR UNITS IN MEMBER STATES OTHER THAN THOSE IN WHICH THEY ARE ESTABLISHED

Chapter XI · 6 unchanged

Article 91 · Article 92 · Article 93 · Article 94 · Article 95 · Article 96

Chapter XII - PROVISIONS CONCERNING THE AUTHORITIES RESPONSIBLE FOR AUTHORISATION AND SUPERVISION

Chapter XII · 14 unchanged

Article 97 · Article 99a · Article 99b · Article 99c · Article 99e · Article 100 · Article 103 · Article 104 · Article 105 · Article 106 · Article 107 · Article 108 · Article 109 · Article 110

Chapter XIII - DELEGATED ACTS AND POWERS OF EXECUTION

Chapter XIII · 1 unchanged

Article 111

Chapter XIV - DEROGATIONS, TRANSITIONAL AND FINAL PROVISIONS

Chapter XIV · 7 unchanged

Article 113 · Article 114 · Article 115 · Article 116 · Article 117 · Article 118 · Article 119

Annexes

Annexes · 3 unchanged

Annex II · Annex III · Annex IV

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