S.I. No. 230 of 2019, Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2019​ (the Central Bank UCITS Regulations) are effective from 27 May 2019 with some transitional provisions.

This follows the Central Bank consultation CP119 and covers:

  • general amendments arising from a review of the Central Bank UCITS Regulations
  • amendments to UCITS Share Class Provisions to reflect the ESMA Opinion
  • amendments related to UCITS performance fees
  • amendments arising from the implementation of the EU Money Market Fund Regulation.

A more detailed analysis of the new Central Bank UCITS Regulations will issue over the coming days.