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ARTICLE · 18 JANUARY 2016

Funds Quarterly Legislative Update: 1 October 2015 To 31 December 2015

Dillon Eustace
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On 5 October 2015, the Central Bank of Ireland (the "Central Bank") issued a new set of regulations relating to Irish domiciled UCITS, their management companies and their depositaries...

IrelandFinance and Banking

FUNDS QUARTERLY LEGAL AND REGULATORY UPDATE UCITS

(i) UCITS Regulations

On 5 October 2015, the Central Bank of Ireland (the "Central Bank") issued a new set of regulations relating to Irish domiciled UCITS, their management companies and their depositaries titled Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1))(Undertakings for Collective Investment in Transferable Securities) Regulations 2015 (the "UCITS Regulations"). The UCITS Regulations entered into force on 1 November 2015 and have replaced the UCITS Notices from that date.

The Central Bank UCITS Guidance Notes have also been replaced with website guidance which "will retain all of the guidance currently located in the Guidance Notes and UCITS Notices". The website guidance can now be accessed on the Central Bank's website via the following link:

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