DOMESTIC:

Central Bank Regulatory Service Standards Performance Report on FSP/F&P Authorisation
The Central Bank published its Regulatory Service Standards Performance Report for January to June 2016. The report sets out the Central Bank’s performance against service standards that it has committed to for the authorisation of financial service providers and Pre-Approval Control Functions under the fitness and probity regime. Helpfully, Appendix B to the report sets out the main reasons why PCF IQs may be returned as incomplete.

EUROPEAN:

IOSCO consultation on good practices for the termination of investment funds
IOSCO published a consultation report on good practices for the termination of investment funds. IOSCO is consulting on 15 good practices for the termination of investment funds. The List of Good practices is set out in Appendix 2. The consultation closes on 17 October 2016.

IOSCO report on good practice for fees and expenses of collective investment schemes
IOSCO published a final report on good practice for fees and expenses of collective investment schemes (CIS). The report aims to identify common international examples of good practice that can be applied to CIS fees and expenses. The report is aimed at retail CIS. In the report, IOSCO sets out 23 examples of good practice.