IRELAND: Central Bank of Ireland publishes First Reporting Date for AIFMs

Monday March 10 2014

The Central Bank of Ireland have published the first reporting dates for the submission of returns in accordance with Regulation 4(3)(d) and Regulation 25 of the European Union (Alternative Investment Fund Managers) Regulations 2013. (See below)

Submission dates are dependent on reporting frequency as detailed below.

Dates of first reporting;
Quarterly – 01/04/2014 – 30/06/2014
Semi-Annually – 01/01/2014 – 30/06/2014
Annually – 01/01/2014 – 31/12/2014

Dates of first submission;
Quarterly – 11/08/2014 – 11/09/2014
Semi-Annually – 11/08/2014 – 11/09/2014
Annually – 01/01/2015 – 31/01/2015

For subsequent reporting periods, the submission date is the last day of the month following the reporting period end.

Returns must be filed via the Central Bank’s Online Reporting System and can be submitted in xls or xml format. Guidance on compilation will be published on the Central Bank’s Website at a later date.

Click on the above link for more details.

AIFMD ANNEX 4 REPORTING

The AIFMD and the AIFMD Level 2 Regulation provided details on the reporting obligations to national competent authorities. In addition, ESMA developed guidelines on reporting obligations to encourage standardisation. On 1 October 2013, ESMA published its final report along with additional IT guidance, a reporting template and an ESMA opinion on additional data reporting for the monitoring of systemic risk. The opinion provides details of a set of additional information that national regulators could require AIFMs to report on a periodic basis. Some of the requirements will involve firms collecting new data regarding AIF portfolios and performing new calculations on such data.

Funds-Axis will be providing comprehensive Annex 4 reporting, in conjunction with Miles Software. For details contact info@funds-axis.com