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ARTICLE · 01 MARCH 2011

Central Bank Launches Consultation

The Central Bank launches a Consultation on the Amendments to the Central Bank’s UCITS Notices, Non-UCITS Notices and Guidance Notes to Reflect the requirements of UCITS IV and Other General Updates.

IrelandStrategy

Originally published 21st February 2011

The Central Bank launches a Consultation on the Amendments to the Central Bank's UCITS Notices, Non-UCITS Notices and Guidance Notes to Reflect the requirements of UCITS IV and Other General Updates.

Consultation on the Revised Draft UCITS Notices, Non UCITS Notices and Guidance Notes

On 17 February 2011, the Central Bank published its draft UCITS Notices, Non-UCITS Notices and Guidance Notes which have been amended to reflect and, where appropriate, implement the provisions of the UCITS IV Directive and other general updates.

The draft revised UCITS Notices and Guidance Notes for the most part reflect, without amendment or elaboration, the requirements set out in the UCITS IV Directive, its accompanying implementing directives and relevant European Securities and Markets Authority ("ESMA") guidelines. The Central Bank has however elaborated on the requirements relating to the organisation and structure of UCITS

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