ARTICLE · 25 JULY 2011

Update On Recent Irish Funds Regulatory Developments

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The European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 ("UCITS Regulations") were signed into law on 1 July 2011.

IrelandFinance and Banking

Article by Kevin O'Connor

UCITS IV legislation is signed into law

The European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 ("UCITS Regulations") were signed into law on 1 July 2011. This statutory instrument consolidates all previous UCITS legislation and transposes the requirements of Directive 2009/65/EC, the "UCITS IV Directive".

Central Bank of Ireland issues revised UCITS Notices, NU Series of Notices and Guidance Notes

On 1 July 2011, the Central Bank of Ireland issued revised UCITS Notices, NU Series of Notices and Guidance Notes.

We set out below some of the key new developments.

Outsourcing rules introduced

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