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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 May 2019 - onwards
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Regulation 61 Efficient portfolio management

(1) A responsible person shall, in the prospectus of the relevant UCITS, include the following:

(a) a description of its intentions regarding techniques and instruments which may be used for the purposes of efficient portfolio management. This should include reference to the techniques and instruments which the UCITS can utilise and a detailed description of the inherent risks, including counterparty risk and potential conflict of interest, that may arise;

(b) information on the impact of efficient portfolio management techniques and instruments on the performance of the UCITS;

(c) information on the policy regarding direct and indirect operational costs and fees arising in the context of these techniques;

(d) information on the collateral policy of the UCITS arising from (as the case may be) OTC derivatives or efficient portfolio management techniques and instruments or both.

(2) A disclosure for the purposes of paragraph (1) shall include the following:

(a) permitted types of collate

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