The Central Bank of Ireland (the “Central Bank”) sent a communication to the Irish funds industry on 1 December 2021, outlining the timeframes for receipt of: (i) QIAIF authorisations / approvals and notings; (ii) ICAV...more
ESMA published on 3 April 2020, its Final Report, ‘Guidelines on performance fees in UCITS and certain types of AIFs’ (the “Guidelines”). The Guidelines are the culmination of a consultation process started by ESMA in July...more
The Central Bank of Ireland (“CBI”) has issued a markets update1 (the “Update”) confirming flexibility for filing dates relating to certain regulatory returns due from investment firms, fund service providers and investment...more
4/25/2020
/ AIFM ,
Central Bank of Ireland ,
Coronavirus/COVID-19 ,
European Securities and Markets Authority (ESMA) ,
Filing Deadlines ,
Forbearance Agreements ,
Fund Managers ,
Investment Firms ,
Investment Funds ,
Ireland ,
MiFID II ,
Time Extensions ,
UCITS
A recent Dechert OnPoint, No Reward for Good Behaviour: The Central Bank’s Approach to Enforcement, examined new guidance of the Central Bank of Ireland (Central Bank) regarding the enforcement process involving non-compliant...more
1/21/2020
/ Asset Management ,
Central Bank of Ireland ,
Compliance ,
Corporate Governance ,
Enforcement Actions ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Fund Managers ,
Investment Banks ,
Ireland ,
Sanctions ,
Senior Executive Accountability Regime (SEAR) ,
SMCR ,
UCITS