The Central Bank published a Consultation Paper on Fund Management Company Effectiveness- Delegate Oversight. This focuses on four key measures which aim to encourage and support the continuous improvement of fund management company effectiveness. The closing date for responses is 12 December 2014. CP 86 concerns how the boards of fund management companies (including self-managed/internally managed investment companies) and their delegates operate and is relevant for all those with an interest in the sector. Please speak with your usual contact on our Asset Management & Investment Funds team if you would like more detail on this or if you wish to respond to the consultation.