UCITS Rulebook

The Central Bank of Ireland announced the issuance of the new UCITS Rulebook on Monday October 5th. It, and the guidance relating to it, are effective 1 November.

Central Bank Correspondence on Cyber Security

The Central Bank of Ireland has issued a letter to directors of Irish authorised funds emphasising the need for robust operational procedures to prevent against cyber fraud. The issue was also highlighted in a recent speech by Director of Markets Supervision, Gareth Murphy, on September 8th at a seminar on Regulatory Perspectives on Financial Technologies.

Client Asset Regulations Now Effective

The Client Asset Regulations (S.I. No. 104 of 2015) became effective on 1 October 2015.

Latest Fund Statistics for Ireland

The latest fund statistics for Ireland, published by the Central Bank of Ireland, show continued growth and in excess of 6,000 Irish authorised funds.