UCITS Course

Undertakings for the Collective Investment in Transferable Securities (UCITS) Directive aims to offer asset managers and investors greater business opportunities by integrating the EU market for investment funds.

A series of UCITS directives outlines a regulatory framework for investment funds. Specifically for funds raising capital from the public and investing it in certain asset classes. This provides a high level of investor protection.

Our UCITS Course provides an overview of this regulation, including the UCITS V Directive and its implications for managers and depositaries.

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UCITS

About this Course

Available as part of our FCA Course Library.

Learning Objectives

This course will prepare your employees to:

  • Explain the purpose and impact of the UCITS Directive
  • Comply with the rules relating to depositaries
  • Recognise the objective reasons for delegating to a depositary
  • Appreciate the consequences for any breach of the rules relating to UCITS

Latest Course Updates

  • Course redesigned with a more modern feel
  • Full review conducted by an FCA expert
  • Text & image updates throughout the course

Course outline

Welcome

What is UCITS?

A brief history of UCITS

- UCITS V
- Exercise: UCITS

Implications of Depositaries

- Exercise: Implications of Depositaries

Independence of the depositary from the UCITS manager

Depositary duties

- Safekeeping & functions
- Implications for Depositaries
- Reuse of assets
- Cash flow monitoring
- Delegation of Depositary Duty
- Conditions for delegation
- Disclosure
- Annual report

Depositary liability regime

Investors' rights of action against the depositaries

Remuneration Code

The principles

Remuneration rules

- Exercise: Remuneration rules

Regulatory Sanctions

- Exercise: Sanctions

Transitional arrangements

Summary

Affirmation

Assessment

Course Specifications

Structure

Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

Audience

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.

Tailoring

Tailoring

Fully customisable on Skillcast Portal CMS.

Translation

Translation

Pre-translated versions not available, but all text content can be exported for translation into all languages.

Localisation

Localisation

Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.

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