EEA Member State definition
Examples of EEA Member State in a sentence
This limit is raised to 10% in the case of credit institutions authorised in the EEA or credit institutions authorised within a signatory state (other than an EEA Member State) to the Basle Capital Convergence Agreement of July 1988 or credit institutions authorised within Jersey, Guernsey, the Isle of Man, Australia or New Zealand.
Counterparties of the Sub-Funds for Total Return Swaps are normally credit and financial services institutions established in one EEA Member State or in one OECD Member State.
NOTEWith the expected withdrawal of the United Kingdom of Great Britain and Northern Ireland (GB) from the EU, GB is losing its status as an EEA Member State and subsequently the local stock exchanges / regulated markets are losing their status as EEA stock exchanges / regulated markets.
This limit is raised to 10% in the case of a credit institution authorised in the EEA; a credit institution authorised within a signatory state (other than an EEA Member State) to the Basle Capital Convergence Agreement of July 1988; or a credit institution authorised in Jersey, Guernsey, the Isle of Man, Australia or New Zealand.
As an exception to the 5%-10%-40% ratios, the management team may invest more than 35% of the UCI’s net assets in securities guaranteed by an EEA Member State or the United States.