Friday March 17 2017

News Source: Fund Regulation

Focus: UCITS

Type: General

Country: Ireland




On the 13 March 2017, the Central Bank published the sixteenth edition of the UCITS Q&A. Existing question, ID 1056 – Central Bank (UCITS) Regulations- Transitional arrangements, is amended as a consequence of the publication of the Central Bank (Supervision and Enforcement Act) 2013 (Section 48(1))(Investment Firms) Regulations 2017.

ID 1056

  1. The UCITS Notices set out conditions that the Central Bank imposed on fund administrators but the Central Bank UCITS Regulations do not set out similar rules. What rules is the Central Bank imposing on fund administrators acting for UCITS?
  2. Fund administrators are subject to the requirements in Part 2 to 5 of the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Investment Firms) Regulations 2017.

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