The fund is an unregulated collective investment scheme and is only available to professional clients or eligible counterparties.
What does UCIS stand for?
UCIS stands for Unregulated Collective Investment Scheme
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of UCIS
We have 14 other meanings of UCIS in our Acronym Attic
- University Center for Instructional Resources (Pittsburgh, PA)
- Utero-Cervical Inhibitory Reflex (gynecology)
- University of California's Institute for Research in the Arts (Santa Barbara, CA)
- Utah Council of the International Reading Association
- Unión de Comunidades Indígenas de la Regiódel Istmo (Spanish: Union of Indigenous Communities of the Region of the Isthmus; Mexico)
- Ulster County Information Services (New York)
- Uniting Church Investment Service (financial institution; est. 1977; Australia)
- University Center for International Studies
- University Computing and Information Services (Dalhousie University; Halifax, Nova Scotia, Canada)
- University Computing and Information Systems
- Universities and Colleges Information Systems Association (Oxford, UK)
- University of California, Irvine Sailing Association
- Uvalde Consolidated Independent School District
- Unione Costruttori Italiani Strumenti per Pesare (Italian: Union of Italian Manufacturers of Weighing Instruments; est. 1959)
- University Committee on Information Strategy Policy (Australian National University; Canberra, Australia)
- Ukrainian Centre for International Security Studies
- University Committee on Information Systems and Technology (University of Waterloo; Canada)
- University Consortium on Instructional Shake Tables
- Ulster Community Investment Trust
- Undertakings for Collective Investments in Transferable Securities
Samples in periodicals archive:
The Financial Services Authority (FSA) wants the promotion of unregulated collective investment schemes (Ucis) and similar products to be restricted to "sophisticated investors" and people who have a high net worth, for whom the products are more likely to be suitable.
Attached to the announcement was a rather densely written 92-page document entitled "CP12/19*** -- Restrictions on the retail distribution of unregulated collective investment schemes [UCIS] and close substitutes.
From a UK law perspective, PEPR is an unregulated collective investment scheme whose promotion is restricted by sections 238 and 240 of the Financial Services and Markets Act 2000.