management body

Defined in Article 2, Undertakings for Collective Investment in Transferable Securities Directive (UCITS)

Definitions over time (1)

  1. For the purposes of this Directive the following definitions apply:

    ‘management body’ means the body with ultimate decision-making authority in a management company, investment company or depositary, comprising the supervisory and the managerial functions, or only the managerial function if the two functions are separated. Where, according to national law, the management company, investment company or depositary has in place different bodies with specific functions, the requirements laid down in this Directive directed at the management body or at the management body in its supervisory function shall also, or shall instead, apply to those members of other bodies of the management company, investment company or depositary to whom the applicable national law assigns the respective responsibility;

Used in (20 places in 7 provisions on 11/11/2026)

Undertakings for Collective Investment in Transferable Securities Directive (UCITS) (20 in 7)

Article 23 · Article 7 · Article 14b7 · Article 233 · Article 29 · Article 994 · Article 110a

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