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.

About this Course

This SCORM-compatible course is part of our FCA Compliance Library.

The library is available in the Skillcast Standard plan for larger companies or Skillcast Basic plan for those with under 50 learners.

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?

- The impact of Brexit

A brief history of UCITS

- UCITS V
- UCITS VI
- Exercise: UCITS V

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 Duties
- Conditions for delegation
- Disclosure of Remuneration
- 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

Summary

Affirmation

Assessment

Course Specifications

Structure

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

Audience

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

Design

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

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.