Effective 2 August 2016, the turnaround times assigned to the
review of supplements by the Central Bank of Ireland
("CBI") will change. Comments on
supplements received before 5:00 pm (Irish time) will be returned
within one working day, ie, by close of business on the following
working day. Currently the review time for non-financial
supplements is three working days.
The reduced turnaround times will only apply to new supplements
submitted to the CBI from 2 August 2016 onwards.
Please note that the review process for financial supplements,
which currently takes one working day, remains unchanged.
Form of Documents
Directive 2003/71/EC ("Prospectus
Directive") was recently supplemented by way of a
Commission Delegated Regulation (EU) 2016/301
("Regulation") with regard to regulatory
standards for approval and publication of the prospectus and
dissemination of advertisements.
