The money market instruments referred to in 2° of I of Article L. 214-20 meet the following conditions: 1° They meet at least one of the following criteria: a) They have an issue maturity of up to 397 days ; b) They have a residual maturity of up to 397 days; c) Their yield is adjusted regularly, at least every 397 days, in accordance with money market conditions; d) Their…
I. – The eligible financial securities and money market instruments referred to in I of article L. 214-20 are : 1° Either eligible financial securities and money market instruments admitted to trading on a regulated market within the meaning of article L. 422-1 ; 2° Eligible financial securities and money market instruments admitted to trading on another regulated market which operates regularly, is recognised, is open to the public and…
I. – The money market instruments referred to in 5° of I of article R. 214-11 are : 1° Issued or guaranteed by : a) A Member State of the European Union or another State party to the Agreement on the European Economic Area or, for one of these States, in the case of a federal State, one of the members making up the Federation ; b) A regional or…
The units or shares of undertakings for collective investment and investment funds referred to in 3° of I of Article L. 214-20 include units or shares of UCITS governed by French or foreign law or units or shares of FIAs governed by French law or FIAs established in other Member States of the European Union or in other States party to the Agreement on the European Economic Area, as well…
The deposits referred to in 4° of I of article L. 214-20 are deposits made with a credit institution that are repayable on demand or can be withdrawn and have a maturity of twelve months or less, provided that the credit institution has its registered office in a Member State of the European Union or in another State party to the Agreement on the European Economic Area or, if its…
A UCITS may enter into the financial contracts referred to in 5° of the I of Article L. 214-20 concluded on the markets referred to in 1°, 2° or 3° of the I of Article R. 214-11 or traded over-the-counter, subject to the following conditions: 1° These relate to one or more of the following: a) The assets referred to in article L. 214-20, including instruments with one or more…
A UCITS may enter into the financial contracts provided for in 5° of the I of Article L. 214-20 and entered into on the markets mentioned in 1°, 2° or 3° of the I of Article R. 214-11 or traded over-the-counter, provided that, overall, the exposure to the underlying assets does not exceed the investment limits provided for in Articles R. 214-21, R. 214-24 and R. 214-25. When these financial…
I. – When an eligible financial security or money market instrument referred to in article L. 214-20 includes a financial contract which simultaneously meets the three conditions mentioned below, the latter is taken into account for the application of articles R. 214-15-1 and R. 214-30. These conditions are as follows 1° By virtue of its presence, all or part of the cash flows that would otherwise be implied by the…
I – The financial indices mentioned in article R. 214-15 meet the following conditions: 1° Their composition is sufficiently diversified, in the sense that the following criteria are met: a) The index is composed in such a way that price movements or trading activities affecting one of its components do not have an abnormal influence on its overall performance ; b) When the index is composed of instruments mentioned in…
A UCITS may enter into financial contracts meeting the characteristics of credit derivatives which satisfy the following criteria: 1° They make it possible to transfer the credit risk associated with an asset mentioned in 1° of Article R. 214-15 independently of the other risks associated with this asset; 2° They give rise to the delivery or transfer of assets mentioned in article L. 214-20, including in the form of cash;…
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75001, Paris France
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is a Registered Trademark of
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75001, Paris France
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