investment undertakings
Defined in Article 2, Directive 2013/34/EU (IFRS)
Definitions over time (1)
-
For the purposes of this Directive, the following definitions shall apply:
‘investment undertakings’ means: undertakings the sole object of which is to invest their funds in various securities, real property and other assets, with the sole aim of spreading investment risks and giving their shareholders the benefit of the results of the management of their assets, undertakings associated with investment undertakings with fixed capital, if the sole object of those associated undertakings is to acquire fully paid shares issued by those investment undertakings without prejudice to point (h) of Article 22(1) of Directive 2012/30/EU;