IRELAND: CBI Publish Twenty-Eighth Edition of AIFMD Q&A

Tuesday January 9 2018

On 2 January 2018, the Central Bank published the Twenty-Eighth Edition of the AIFMD Q&A.  New questions ID 1125 and ID 1126  regarding the PRIIPS Regulation, and ID 1127 in relation to the Benchmark Regulation  are included.

ID 1125

1. Are QIAIFs required to produce a PRIIPs KID?
2. Yes if the QIAIF can be marketed to investors who are not professional clients under Directive 2014/65/EU.

ID 1126

1. Are AIFs in scope of the PRIIPs Regulation required to file KIDs with the Central Bank?
2. The Central Bank is likely to require AIFs in scope of PRIIPs to file KIDs on an ex post basis. This will include periodic updates to existing KIDs. Once requirements in this regard are in place the Central Bank will advise accordingly

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