+Article 197 5.
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Article 197 5.
Institutions may use units or shares in CIUs as eligible collateral where all the following conditions are satisfied:
(a)
the units or shares have a daily public price quote;
(b)
the CIUs are limited to investing in instruments that are eligible for recognition under paragraphs 1 and 4;
(c)
the CIUs meet the conditions laid down in Article 132(3).
Where a CIU invests in shares or units of another CIU, conditions laid down in points (a) to (c) of the first subparagraph shall apply equally to any such underlying CIU. The use by a CIU of derivative instruments to hedge permitted investments shall not prevent units or shares in that undertaking from being eligible as collateral.
1. Prezentare generală
1.1 Referințe
1.2 Cerințe identificate
1.3 Standarde asociate
2. Cerințe identificate
3. Standarde asociate
- Builddate: 01.01.2027 00:00:00 -Doknr: CELEX:32013R0575
- EULAW -
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