- collective investment undertaking other than the closed-end type
means unit trusts and investment companies:
- controlled undertaking
means any undertaking
- credit institution
means an undertaking as defined in Article 1(1)(a) of Directive 2000/12/EC of the European Parliament and of the Council of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions;
- debt securities
means bonds or other forms of transferable securitised debts, with the exception of securities which are equivalent to shares in companies or which, if converted or if the rights conferred by them are exercised, give rise to a right to acquire shares or securities equivalent to shares;
- formal agreement
means an agreement which is binding under the applicable law;
- home Member State
means An issuer shall disclose its home Member State as referred to in points (i), (ii) or (iii) in accordance with Articles 20 and 21.
- host Member State
means a Member State in which securities are admitted to trading on a regulated market, if different from the home Member State;
- issuer
means a natural person, or a legal entity governed by private or public law, including a State, whose securities are admitted to trading on a regulated market.
- management company
means a company as defined in Article 1a(2) of Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS);
- market maker
means a person who holds himself out on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him;
- regulated information
means all information which the issuer, or any other person who has applied for the admission of securities to trading on a regulated market without the issuer's consent, is required to disclose under this Directive, under Article 6 of Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003 on insider dealing and market manipulation (market abuse), or under the laws, regulations or administrative provisions of a Member State adopted under Article 3(1) of this Directive;
- regulated market
means a market as defined in Article 4(1), point 14, of Directive 2004/39/EC;
- securities
means transferable securities as defined in Article 4(1), point 18, of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments with the exception of money-market instruments, as defined in Article 4(1), point 19, of that Directive having a maturity of less than 12 months, for which national legislation may be applicable;
- securities issued in a continuous or repeated manner
means debt securities of the same issuer on tap or at least two separate issues of securities of a similar type and/or class;
- shareholder
means any natural person or legal entity governed by private or public law, who holds, directly or indirectly:
- sustainability reporting
means sustainability reporting as defined in point (18) of Article 2 of Directive 2013/34/EU of the European Parliament and of the Council.
- units of a collective investment undertaking
means securities issued by a collective investment undertaking and representing rights of the participants in such an undertaking over its assets;