The Central Bank of Ireland is consulting (CP 119) on the amendments of its regulations on Undertakings for Collective Investment in Transferable Securities (UCITS). Comment period ends on June 29, 2018.
The first section of the paper contains details of the amendments to take account of matters arising from the 2017 review of the Central Bank UCITS Regulations. The second section contains amendments required to implement the ESMA Opinion to national competent authorities on Share Classes of UCITS. The third section introduces new obligations (formerly Central Bank guidance) related to UCITS that charge performance-related fees. Finally, the fourth section sets out amendments as a result of the EU Money Market Funds (MMF) Regulation (Regulation 2017/1131), which came into force on July 20, 2017.
Comment Due Date: June 29, 2018
Keywords: Europe, Ireland, Securities, MMF Regulation, UCITS, ESMA Opinion, Central Bank of Ireland
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