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Natalie O'Sullivan-Gallagher

Dechert LLP

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The Irish Central Bank consults on legislation to implement UCITS IV, a new definition of money market funds and changes to other provisions governing Irish funds

Ireland - February 25 2011 The Central Bank published on 17 February 2011 revised drafts of UCITS Notices, Non-UCITS Notices ("Notices NU") and Guidance Notes reflecting the changes to be implemented in accordance with directive 200965EC ("UCITS IV"), and reflecting general amendments, in particular those relating to the definition of money market funds....