Central Bank of Ireland issues new UCITS Notices, Feb 2013


On 15 February 2013 the Central Bank issued a revised set of UCITS Notices and related Guidance Notes which reflect the ESMA Guidelines on ETFs and other UCITS issues1 issued in December 2012. Whilst most of the changes relate to the new requirements that apply to ETFs, other significant changes (such as those relating to securities lending and collateral), also need to be considered by other UCITS funds. This briefing provides a short overview of the changes. A more detailed analysis of the ESMA Guidelines can be found on our briefings ESMA Guidelines on Repurchase & Reverse Repurchase Agreements and ESMA Guidelines on ETFs and other UCITS issues.

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