Central Bank Publishes Revised Central Bank UCITS Regulations 2019

Background

Further to the consultation process initiated by it last year, the Central Bank has now published its Revised CBI UCITS Regulations which set down its domestic rules governing the operation of Irish domiciled UCITS and UCITS management companies and impose certain obligations on Irish domiciled depositaries. The Revised CBI UCITS Regulations consolidates amendments made by two previous amending regulations to the CBI UCITS Regulations. In addition, the Central Bank helpfully published a feedback statementon its consultation process as well as a revised edition of its CBI UCITS Q&A which provides additional clarity on a number of the provisions of the Revised CBI UCITS Regulations.