1976/1009(CNS)

Directive on Collective Investment Undertakings (Transferable Securities)

PROPOSAL FOR A COUNCIL DIRECTIVE FOR THE COORDINATION OF LAWS,REGULATIONS AND ADMINISTRATIVE PROVISIONS REGARDING COLLECTIVE INVESTMENT UNDERTAKINGS FOR TRANSFERABLE SECURITIES

Stage: No longer in force
Transposition deadline: 1 Oct 1989
Procedure: Directive · Consultation procedure
Last activity: 31 Dec 1985

Summary

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Directive 85/611/EEC sets common rules for open-ended undertakings for collective investment in transferable securities (UCITS) that raise capital from the public and redeem units at holder request. It covers authorization, depositaries, investment limits, prospectuses and cross-border marketing. Member States had to comply by 1 October 1989, with Greece and Portugal allowed until 1 April 1992.

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Sources: EP Legislative Observatory · EU Law Tracker · EUR-Lex. Record as of 6 Oct 2026. Something wrong on this page? Report an error.

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