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Statutory InstrumentNot in force

The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019 (revoked)

Citation
S.I. 2019/336
As at
Sections
40
Section 1Citation and commencement

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Section 2Amendment of the Financial Regulators' Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018

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Section 3Amendment of Regulation (EU) 2015/760

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Section 4Subject matter and objective

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Section 5Definitions

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Section 6Authorisation and central public register

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Section 7Designation and prohibition on transformation

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Section 8Application for authorisation as an LTIF

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Section 9Conditions for granting authorisation as an LTIF

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Section 10Applicable rules and liability

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Section 11Obligations concerning the investment policies of LTIFs

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Section 12Investment compartments

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Section 13Eligible investments

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Section 14Eligible investment assets

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Section 15Qualifying portfolio undertaking

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Section 16Conflict of interest

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Section 17Portfolio composition and diversification

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Section 18Rectification of investment positions

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Section 19Concentration

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Section 20Borrowing of cash

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Section 21Application of portfolio composition and diversification rules

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Section 22Redemption, trading and issue of units or shares of an LTIF and distribution of proceeds and capital

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Section 23Redemption policy and life of LTIFs

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Section 24Secondary market

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Section 25Issuance of new units or shares

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Section 26Disposal of LTIF assets

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Section 27Distribution of proceeds and capital

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Section 28Transparency

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Section 29Additional requirements of the prospectus

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Section 30Cost disclosure

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Section 31Facilities available to investors

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Section 32Internal assessment process for LTIFs marketed to retail investors

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Section 33Specific requirements concerning the distribution of LTIFs to retail investors

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Section 34Specific provisions concerning the depository of an LTIF marketed to retail investors

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Section 35Additional requirements for marketing LTIFs to retail investors

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Section 36Marketing of units or shares of LTIFs

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Section 37Supervision by the FCA

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Section 38Powers of the FCA

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Section 39Omission of Articles 34 to 37

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Section 40Omission of words after Article 38

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40 sections

Cite this legislation

The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019 (revoked) (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2019-336

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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