All EU countries have now implemented Directive 2009/65/EC.

National implementing measures for Directive 2009/65/EC

EU countries had to transpose the provisions of the amending Directive 2014/91/EU into national law by 18 March 2016. Some Member States have not yet communicated their transpositions measures.

National implementing measures for Directive 2014/91/EU 

EU countries' notifications on financial instruments according to article 52(4)

Article 52(4) of the UCITS directive allows EU countries the possibility to raise the investment limit that harmonised investment funds must not exceed when investing in certain bonds. If Member States decide to use this option, they have to inform the Commission by providing the relevant list of bonds and issuers, and a notice specifying the status of the guarantees offered. The list of these notifications is available below. Please note that this information is neither exhaustive nor updated daily. If you need precise details on the eligibility of a certain bond, please get in touch with the relevant contact point.

European Union Member States

EFTA countries

  • Iceland - No notification received yet
  • Liechtenstein - No notification received yet
  • Norway
  • Switzerland - No notification received yet