Database on German and European Economic Law

 Directive 2014/91/EU

I. Description

This directive introduces new rules on UCITS depositaries, such as the entities eligible to assume this role, their tasks, delegation arrangements and the depositaries’ liability as well as general remuneration principles that apply to fund managers.

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II. General Information

Title

Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending  Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions

Abbreviations
UCITS V
Status
Existing
Directive
2014/91/EU
Source
O.J. EU No L (Legislation), Edition 257, Year 2014, p.186
Adoption
07/23/2014
Promulgation
08/28/2014
Character
Regular Act
Legal Basis
Art. 53 Abs. 1 AEUV
Legislative Procedure
Codecision procedure

III. Versions and Legislative History

1. Versions

Titel
Allg. Daten
Textfassung

Original Text UCITS V:
Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending  Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions

  2014/91/EU

Beschluss:
07/23/2014 (A)
Verkuendung:
08/28/2014 (P)
(A) Adoption | (P) Promulgation

2. Legislative History

Datum
Typ / Titel
Textfassungen
04/15/2014
Report of the European Parliament - 1st reading
TA/2014/355/P7
07/03/2013
Report of the European Parliament - 1st reading
TA/2013/309/P7
01/11/2013
Opinion of the European Central Bank
O.J. 2013/C 96/18
Proposal
COM(2012) 350 final

3. Comments

Datum
Stellungnahme
Textfassungen
08/31/2012
BVI Bundesverband Investment und Asset Management e.V. (BVI)
Comment on: Kommissionsvorschlag

4. Legal Impact

Auswirkungstyp
Richtlinie
Textfassungen
Amendment
  Directive 2009/65/EC

Legend

Legislative Act Status

Documents

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Overview

I. Description
II. General Information
III. Versions and Legislative History
1. Versions
2. Legislative History
3. Comments
4. Legal Impact
IV. Umsetzung in den Mitgliedstaaten
1. Implementation in Germany