# Commission Directive 2007/16/EC of 19 March 2007 implementing Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards the clarification of certain definitions (Text with EEA relevance), Article 1: Subject matter

Extent: E+W+S+N.I.

This Directive lays down rules clarifying, for the purposes of their uniform application, the following terms:
1.. transferable securities, as defined in Article 1(8) of Directive 85/611/EEC;
2.. money market instruments, as defined in Article 1(9) of Directive 85/611/EEC;
3.. liquid financial assets, as referred to in the definition of UCITS laid down in Article 1(2) of Directive 85/611/EEC, with respect to financial derivative instruments;
4.. transferable securities and money market instruments embedding derivatives, as referred to in the fourth subparagraph of Article 21(3) of Directive 85/611/EEC;
5.. techniques and instruments for the purpose of efficient portfolio management, as referred to in Article 21(2) of Directive 85/611/EEC;
6.. index-replicating UCITS, as referred to in Article 22a(1) of Directive 85/611/EEC.

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Source: https://www.legislation.gov.uk/eudr/2007/16/article/1 (the official version)
Page: https://openlegislation.uk/eu-directive-2007-16/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

