Documenting Derivatives with Irish Regulated Funds, August 2011
22.08.2011
There are two broad categories of regulated investment funds in Ireland:
1. undertakings for collective investment in transferable securities (“UCITS”) established pursuant to regulations implementing the European Union’s (“EU”) UCITS Directive; and
2. collective investment schemes other than UCITS (“non-UCITS”).
Either category of funds may be established as a single fund or as an umbrella fund comprising one or more sub-funds, each of which may have a different investment objective and policies.
