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ARTICLE · 05 FEBRUARY 2019

Funds & Investment Management Update - Q4 2018

Maples Group
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Maples Group

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There have been a number of developments over the quarter:

IrelandFinance and Banking

1 Legal & Regulatory

1.1 UCITS Update

There have been a number of developments over the quarter:

Revised guidance on the use of financial indices

On 8 October 2018 the Central Bank of Ireland ("Central Bank") published updated guidance on the use of financial indices by UCITS. It clarifies its requirements and introduces a certification process regarding the use of financial indices by UCITS.

UCITS – review process

On 9 October 2018 the Central Bank advised of its updated review processes for UCITS and RIAIFs which simplify authorisation procedures and, in some cases, eliminate a review period of several weeks.

For more information see our client update, Improvements to Central Bank of Ireland Review Process for UCITS and RIAIFs

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