82,503
edits
Fair value - UCITS IV Provision: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) (Created page with "{{anat|ucits}} The vexed question — germane to those considering the meaning of {{ucits4prov|financial derivative instrument}} under {{t|UCITS IV}} of whatg constitutes fair...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 3: | Line 3: | ||
:''The fair value of an OTC derivative corresponds to the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction.'' <br> | :''The fair value of an OTC derivative corresponds to the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction.'' <br> | ||
===Ireland=== | |||
More information, if you can bear it, at [http://www.irishstatutebook.ie/eli/2015/si/420/made/en/print Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2015]. If you are like me, the very title of this instrument will help you to conclude you will not be able to bear it. | |||