Undertakings for Collective Investment in Transferable Securities (UCITS) are investment funds falling under the scope of Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities. This type of investment fund is subject to Part I of the Law of 17 December 2010 relating to undertakings for collective investment (“the Law”).

The CSSF’s prudential supervision aims to verify that UCITS subject to its supervision continuously observe all legal and regulatory provisions relating to their organisation, operation, prospectus and investor information, with the objective to ensure investor protection and stability of the financial system.