Share on LinkedInShare on LinkedIn

ARTICLE · 17 AUGUST 2011

Master / Feeder UCITS Schemes

Dillon Eustace
Dillon Eustace
Contributor
Dillon Eustace

Dillon Eustace

Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

View firm profile
Explore more from Dillon Eustace

This Memorandum sets out the provisions in relation to Master-Feeder Fund structures stemming from the European Commission Directive 2009/65/EC, commonly referred to as the UCITS IV Directive, (the "Directive") and implementing Directive 2010/42/EU (the "Implementing Directive") which have been implemented into Irish law by the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (the "UCITS Regulations").

IrelandWealth Management
Brian Kelliher
Brian Kelliher
Brian Higgins
Brian Higgins
Karen Jennings
Karen Jennings
Donnacha O'Connor
Donnacha O'Connor
Derbhil O'Riordan
Derbhil O'Riordan
Author LinkedIn connections

SCOPE AND APPROVAL

  • Scope Page
  • Approval by the Central Bank

COMMON PROVISION FOR FEEDER AND MASTER

  • Agreement and Internal Conduct of Business Rules
  • between the Master and Feeder
  • Access to Information
  • Basis of Investment by the Feeder
  • Standard Dealing Arrangement
  • Events affecting Dealing Arrangements
  • Standard Arrangements for the Audit Report
  • Changes to Standing Arrangements
  • Choice of the Applicable Law

LIQUIDATION, MERGER OR DIVISION OF THE MASTER

  • Procedures in the Event of Liquidation of Master
  • Procedures in the event of a Merger or a Division of Master

DEPOSITARIES AND AUDITORS

  • Content of the Information-Sharing Agreement between

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

CIMA’S New AML Audit Rules Effective 18 September 2026 And What Investment Funds Need To Know

The Cayman Islands Monetary Authority has introduced sweeping changes to anti-money laundering audit requirements for investment funds, mandating independent audits of entire compliance programmes by September 2026. This marks a fundamental departure from previous practice where internal AML officers could conduct their own testing, raising critical questions about implementation timelines, qualified auditor availability, and compliance costs for funds operating in the jurisdiction.
Cayman IslandsWealth Management
Dillon Eustace
Dillon Eustace
Article

AMLD6 And Beneficial Ownership Central Registers: New Access Rules In Ireland

Ireland has introduced significant amendments to its beneficial ownership registers in 2026, implementing the Sixth Anti-Money Laundering Directive (AMLD6) framework. These reforms fundamentally restructure access rights to the Central Register of Beneficial Ownership of Trusts and Corporate Entities, moving away from unrestricted public access toward a tiered system that balances transparency with privacy rights while maintaining accessibility for legitimate anti-money laundering purposes.
IrelandCorporate/Commercial Law
Dillon Eustace
Dillon Eustace
Article

SFDR 2.0 Trialogue Negotiations: Key Areas Of Focus For Fund Managers

The European Commission's proposed overhaul of the SFDR regime is entering crucial trialogue negotiations, with the Irish Presidency aiming to reach agreement by year-end. While the Council and Parliament have aligned on key issues like professional investor opt-outs, significant divergences remain on exclusion criteria for Transition funds, PAI reporting requirements, and engagement strategy disclosures that will shape the future of sustainable finance regulation.
European UnionFinance and Banking
Dillon Eustace
Dillon Eustace