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ARTICLE · 19 JULY 2018

Central Bank Markets Update July 2018

Dillon Eustace
Dillon Eustace
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Dillon Eustace

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As part of a markets update which was issued yesterday, the Central Bank has published a revised edition of its UCITS Q&A ("Q&A") and has also published a Notice relating to its Fund Management Company Guidance, commonly referred to as CP86.

IrelandWealth Management
Cillian Bredin
Cillian Bredin
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Central Bank of Ireland: Markets Update on Investment by UCITS in Non-UCITS and the Organisational Effectiveness Role

As part of a markets update which was issued yesterday, the Central Bank has published a revised edition of its UCITS Q&A ("Q&A") and has also published a Notice relating to its Fund Management Company Guidance, commonly referred to as CP86. 

1. Revised UCITS Q&A

In its revised Q&A, the Central Bank has clarified its expectations relating to investment by UCITS in non-UCITS collective investment schemes ("Target Funds"). This will be of relevance not only to UCITS and their managers but also to non-UCITS funds whose investor base includes Irish UCITS.

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