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ARTICLE · 04 APRIL 2020

COVID-19: Practical Considerations For Irish Fund Management Companies

We thought it might be useful to provide some general information on how the COVID-19 pandemic may affect the operation of your Irish fund management company.

IrelandCoronavirus (COVID-19)

We thought it might be useful to provide some general information on how the COVID-19 pandemic may affect the operation of your Irish fund management company. Please do not hesitate to contact us if you need our support on any of these matters.

Regulatory Matters

Common Supervisory Action ("CSA") liquidity questionnaire – Central Bank deadline – 25 March 2020

The deadline for completion of the Central Bank's CSA UCITS liquidity risk management questionnaire is 16.00 hrs (Irish time) on 25 March 2020. As this is an ESMA-driven CSA, the Central Bank has not indicated that any extension to this deadline is currently envisaged.

Various queries on the completion of the forms have been discussed with the Central Bank. If you need any assistance in answering any of the questions we can share these answers with you.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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