UCITS Self-Managed Investment Company Business Plans, Dec 2012

07-12-2012

On 30 November 2012 the Central Bank published requirements relating to the business plans of UCITS self-managed investment companies (“SMICs”). Following the self-certification by existing SMICs in July 2011 of their compliance with the UCITS IV requirements, it had been expected that the Central Bank would carry out a review of the SMIC business plans at the beginning of 2012.

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