On 4 November 2015, the Central Bank issued a markets
update on a number of topics.
Central Bank publishes update to UCITS Q&A
On 4 November 2015, the Central Bank published the ninth edition
of its UCITS Q&A (the "Q&A"). Most of the new
questions relate to the transitional arrangements in relation to
the Central Bank (Supervision and Enforcement) Act 2013 (Section
48(1) (Undertakings for Collective Investment in Transferable
Securities) Regulations 2015 (the "Central Bank
Regulations") which came into effect on 1 November 2015 and
which consolidate in one location all of the requirements which the
Central Bank imposes on UCITS.
In addition, the Q&A includes new questions in relation to
the rules relating to the eligibility of commodities indices, the
eligibility of financial indices and prospectus disclosures
relating to long and short positions.
