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ARTICLE · 24 DECEMBER 2015

Central Bank Publishes Programme Of Themed Inspections For 2016

Arthur Cox
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On 14 December 2015, the Central Bank published its programme of themed reviews and inspections for investment firms, funds and market participants for 2016.

IrelandFinance and Banking
Kevin Murphy
Kevin Murphy
Dara Harrington
Dara Harrington
Siobhan McBean
Siobhan McBean
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On 14 December 2015, the Central Bank published its programme of themed reviews and inspections for investment firms, funds and market participants for 2016. The following matters are of particular relevance to funds and fund service providers:

ADHERENCE TO AIFM PROGRAMME OF ACTIVITIES

The Central Bank has indicated that it will carry out a review of the adherence of alternative investment fund managers to their programmes of activities. We expect that the Central Bank would focus, for example, on confirming that the designated persons in fact perform the functions allocated to them and that the oversight of, and reporting from, delegate service providers are consistent with the programme of activities.

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