The Central Bank has written to industry concerning the process for filing revised UCITS Self-Managed Investment Companies (SMIC) business plans and emphasised the need to manage the submission process so as to facilitate a smooth and efficient filing and spot checking. The submission of SMIC business plans should be expedited and will require submission of the following documentation.

  • Full Business plan, marked up to show UCITS IV changes
  • Full Business plan, clean copy
  • Statement of Responsibility, marked up to show UCITS IV changes
  • Statement of responsibility, clean signed copy
  • Letter from the board, signed by the Chairman, confirming that the above documents comply with requirements and confirming compliance with applicable UCITS IV capital requirements.