Friday February 23 2018
News Source: Global Disclosures
Focus: Other
Type: General
Country: Ireland
On 16th February 2018, the Central Bank of Ireland announced that as advised in the Markets Update of 14 September 2017, the Regulated Disclosures teams in the Central Bank of Ireland are currently upgrading their document management and workflow system. This will affect submissions under the Prospectus, Transparency and Short Selling legislative regimes. The goal is to have minimal impact on stakeholders. However, “submission templates” containing details related to each submission will be required for most submission types. The following is a brief update as to developments in this regard:
- User Testing of the new system is underway;
- Deployment of the Excel templates required with each submission is currently planned for early April; and
- Availability of website instructions related to the use of the Excel submission templates planned for 10 to 14 days prior to adoption.
It is anticipated that the new system will go fully live in mid Q2 2018. Updates on our progress and the procedural changes to the submission process will be provided on an ongoing basis.
In addition, an update on the new submission process will be provided at the Prospectus Regulations Stakeholder Meeting on 5 March 2017.
Click on the link above for further information.